USD/JPY Outlook

Greetings.

Let’s pull up the USD/JPY hourly chart.

As you can see, we’re resting right on a major trend line and the next day or two may help solidify the pair’s movement.

AS of now, it does seem there is still a bit more potential downward movement for the pair, so be sure to watch closely and watch for a break and break away.

Good luck with trading and be sure to use your money management.