🔻 USDJPY Sitting at Critical Support – Decision Point Ahead
USDJPY is currently hovering around the 143.60–143.65 zone — a major support level that has held multiple times in the past.
🔍 Price just completed a clean Head & Shoulders breakdown, and this zone marks the neckline retest area. We're now at a make-or-break point:
Break Below 143.60: Confirms bearish continuation, opens downside toward 143.00 → 142.20
Hold Above 143.60: Could lead to a short squeeze back to 144.20–144.50 zone
📊 Volume is rising as we test this key level — suggesting that big players are stepping in.
Trend remains bearish overall with price trading below the EMAs and rejecting trendline resistance.
⚠️ This is not the place to guess — wait for confirmation. A strong candle close below or a fakeout rejection will show the path.
Trade smart. Wait for the market to speak. No bias, just price action. đź§
USDJPY is currently hovering around the 143.60–143.65 zone — a major support level that has held multiple times in the past.
🔍 Price just completed a clean Head & Shoulders breakdown, and this zone marks the neckline retest area. We're now at a make-or-break point:
Break Below 143.60: Confirms bearish continuation, opens downside toward 143.00 → 142.20
Hold Above 143.60: Could lead to a short squeeze back to 144.20–144.50 zone
📊 Volume is rising as we test this key level — suggesting that big players are stepping in.
Trend remains bearish overall with price trading below the EMAs and rejecting trendline resistance.
⚠️ This is not the place to guess — wait for confirmation. A strong candle close below or a fakeout rejection will show the path.
Trade smart. Wait for the market to speak. No bias, just price action. đź§
DKtrades
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DKtrades
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.