Forex analytics and overview
USD/JPY Stages False Breakout With a Move Lower Growingly Likely
2024.09.27 10:11
The reversed hard today after producing a short-term false break higher from the descending channel.
This might be the start of another leg lower gunning for a lower low. 139.57 is the 1st target on the way down. We will be holding this point of view as long as the pair trades below 145.
