TradeWize · free chart read
USDJPY broke down from a bear pennant this bar after the weekly uptrend broke. Above 153.665 the break has failed.
What the read found
- Trend: lower highs and lower lows over the window, 5 steps across 48 bars, still intact
- Formation: bear pennant — Broke below 153.665 this bar. No retest yet.
- Decides above: 153.665 (the breakout)
- Decides below: 152.905 (support)
- Resistance: 154.633
- Support: 152.905
- Level history: The last four times price reached 154.633 it held every time, bouncing 1.0% on average.
- Level history: The last two times price reached 152.905 it held once, bouncing 1.1%.
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Every figure on this page was computed from the real candles up to 2026-09-13. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns