USDJPY continues to show bearish pressure after rejecting the 144.324 liquidity zone. Price formed a Bearish Expanding Triangle, followed by a trading range breakdown, now retesting the 142.35 levelThe structure favors a potential continuation to the downside if this level fails to hold. A confirmed break below may open the door for a move toward the next support zone near 140.00.
Key Levels to Watch
Resistance: 144.324 (liquidity zone)
Support: 140.00 area
Breakout level: 142.35
Bearish bias remains valid as long as price stays below the liquidity region and fails to reclaim the broken range
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