Aurum Markets Blog Technical Analysis Possible start of a bearish trend as USDJPY breaks support

Possible start of a bearish trend as USDJPY breaks support

Possible start of a bearish trend as USDJPY breaks support post thumbnail image

USDJPY has breached the support line at 145.0465. It may continue the bearish trend towards 143.8040, or, it may prove to be yet another test of this level.

Supported by Downward sloping Moving Average

Target: 143.804 Entry: 144.614 Stop: 147.1382

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