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USD/JPY initially broke above its ascending-triangle formation but failed to sustain the move and has since retreated back inside the pattern. The loss of follow-through raises the risk of a false breakout, although the broader technical bias remains cautiously bullish while the triangle’s rising support line holds.
A decisive break below the lower boundary of the formation would confirm the failed breakout and signal a bearish shift in the pair’s near-term structure. Such a move could trigger a deeper technical correction as selling pressure builds.
Conversely, a renewed break and sustained close above the triangle’s resistance would restore bullish momentum and strengthen the case for a continuation of the broader uptrend.
ResistanceLevels160.55, 162.35
Support Levels:156.30, 154.40

Nvidia remains within a broader upward trajectory, although the stock is undergoing a modest technical correction after reaching an all-time high of $243.37. The pullback appears corrective at this stage, following the strength of the preceding rally.
Immediate support is located at $211.82, which represents a critical level for the stock’s medium-term technical structure. A firm defence of this threshold would keep the prevailing uptrend intact and could provide the foundation for a recovery toward the record high.
Conversely, a decisive break and sustained close below $211.82 would signal a deterioration in bullish momentum and increase the risk of a deeper correction.
ResistanceLevels235.55, 253.10
Support Levels:211.82, 193.50
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