USD/JPY is poised to break out of its down trend for the first time in weeks. Although a bearish retracement is still not out of the question, it has respected the down trend since 114s.
Keep in mind that as of writing, the candle is still open and closing back in would continue the bearish sentiment.
Keep in mind that as of writing, the candle is still open and closing back in would continue the bearish sentiment.