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A Price Action Rising Wedge pattern formation on the 30 Min time frame chart supports USDJPY Bearish bias. A break of 161.550 will support the fall towards the target of 161.385 the break of 161.385 would push the price to 161.275.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 151.04
- Support S1: 150.96, S2: 150.92 , S3: 150.84
- Resistance R1: 151.08 , R2: 151.16 , R3: 151.2
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