🔻 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. 🧠
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. 🧠
DKtrades
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
DKtrades
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.