The September Japanese Yen turned its main trend to down on the daily chart when the market broke through the last main bottom at 1.2547. This triggered an acceleration to the downside with traders setting their sights on the retracement zone at 1.2405 to 1.2289.
Uptrending Gann angle support comes in at 1.2353 while a downtrending resistance angle is at 1.2520. These two angles nearly cross near 1.2409 and 1.2395 on June 29, setting up a price target and potential support cluster on that date.