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FX.co ★ USDJPY M5: Bearish Rectangle

USDJPY M5: Bearish Rectangle

Bearish RectangleAccording to the chart of M5, USDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 132.71 - 0.00 and support 132.45 – 132.45. In case the resistance level 132.45 - 132.45 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
*此处发布的市场分析旨在提高您的意识,但不提供交易指示
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