Just some quick analysis for you, usd/jpy at a strong support level, a clean break of this would mean a break of a strong level as well as price would be riding under the cloud, as well as confluence to the downward channel.
8hr chart the 200ema has bounced off as support many times, but has just broke under.
Apologies for being so brief!
8hr chart the 200ema has bounced off as support many times, but has just broke under.
Apologies for being so brief!