USDJPY - BREAKING STRAIGHT CHANNEL - 4H

USDJPY / 4H TIME FRAME

HELLO TRADERS

overall , under downward pressure , until trading below straight channel

Currently, prices are trading below the straight trend channel, indicating downward pressure. As long as prices remain below this channel, a decline is expected, potentially reaching 138.810. If prices fall further, they may approach 137.306.

Conversely, if prices break above the 142.232 level, it could signal a reversal in trend, leading to a rise. In this scenario, prices might reach 144.401 and, if the upward momentum continues, could potentially rise to 147.179.

UPWARD TARGET : 144.401 , 147.179.
DOWNWARD TARGET : 138.810 , 137.306.