4 hour
The USD/JPY bounced at the support (blue) zone of the bigger triangle chart pattern. Price could now be ready to retest the resistance trend line (red).
1 hour
The USD/JPY bounced at the 88.6% Fibonacci support level of wave 2 (blue). Price needs to break above the next resistance trend line (orange) for a bullish breakout within wave 3 (green).
4 hour
1 hour
Origin: Admiral Markets