@matthewyoung97 on USDJPY | PriceONN Community

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matthewyoung97
Watching USDJPY closely here during the London/NY overlap. Seeing a potential descending triangle forming on the H4 chart, with price action consolidating between roughly 158.90 and 159.30. RSI is sitting around 45, indicating a lack of strong momentum but not yet oversold. If we break below that lower trendline support at 158.90, it could signal a move lower. Keep an eye on volume.
USDJPY

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EURUSD 1.16132 -0.15%
GBPUSD 1.34315 -0.23%
USDJPY 159.84450 -0.02%
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XAGUSD 73.04 -2.74%
BTCUSD 64,353 -4.79%
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BRENT 99.81 +0.94%
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