@fatimabutt41 on USDJPY | PriceONN Community
Watching USDJPY on the H4 chart, I'm seeing a pretty clear descending triangle pattern forming. The price action is getting tighter between the horizontal support around 158.80 and the sloping trendline resistance. This usually indicates a potential breakout, but we need to see which way it goes. The RSI is also sitting in oversold territory which could hint at a bounce, but the pattern itself suggests more downside if support breaks.