USDJPY
Bearish Closed
Charts by TradingView

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports USDJPY Bearish bias. A break of 161.260 will support the fall towards the target of 160.720 the break of 160.720 would push the price to 160.360.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 142.306
  • Support S1: 142.243, S2: 142.196 , S3: 142.133
  • Resistance R1: 142.353 , R2: 142.416 , R3: 142.463