USD/JPY currency pair, showcasing technical analysis

USD/JPY currency pair, showcasing technical analysis to predict potential price movements. Key observations include:

1. Downward Channel - The black arrows and lines indicate a descending channel, suggesting a bearish trend.


2. Potential Support Zone - The white box highlights a possible support level where the price might reverse upward.


3. Downside Breakout - The chart predicts that the price could drop toward the 156.7 level.



This is a trading forecast. Ensure you consider additional analysis and risk management before making any decisions.