4 hour
The USD/JPY is building a triangle corrective chart pattern as part of a larger downtrend. Price is also close to a strong support zone (green line) from the daily chart.
1 hour
The USD/JPY remains in a triangle chart pattern. A bullish break above the pattern could indicate the end of the downtrend whereas a break below the support zone (horizontal green) could indicate a continuation of the downtrend.
4 hour
1 hour
Origin: Admiral Markets
