@DavidTurner on USDJPY | PriceONN Community

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DavidTurner
DavidTurner PRO newbie
USDJPY Mar 31
Looking at the H4 chart for USDJPY, I'm seeing what appears to be a descending triangle pattern forming. The price action has been consistently hitting that resistance around 159.25 while the lower boundary is being tested repeatedly near 158.60. This typically signals a potential breakdown, especially with the current bearish momentum and oversold RSI. I'll be watching for a clear break below the support level to confirm.
USDJPY

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EURUSD 1.16377 +0.06%
GBPUSD 1.34530 -0.07%
USDJPY 159.89350 +0.01%
XAUUSD 4,510.89 +0.52%
XAGUSD 74.72 -0.50%
BTCUSD 63,759 -5.67%
SP500 6,572.87 +0.74%
BRENT 97.77 -1.12%
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