USDJPY: Going down?

USDJPY, Daily

In the Daily timeframe, USDJPY sharply broke the lower trend line of the rising wedge. The lips crossed the jaw of the Alligator, and the Chaikin dropped below 0. In this case, the beginning of a bearish trend is possible, but we need to wait for confirmation.

• We can consider selling USDJPY ONLY on consolidation below 154,000 support with a target of 152,000;