vbadali
Short

USDJPY turning bearish after rejection

FX:USDJPY   U.S. Dollar / Japanese Yen
37 0 2
I expected a break of the Resistance Trend line but with the rejection and drop I must change my bias.
Please don't try and buy here - We are likely to test 100 and possibly even break down.
This will be the third test of a horizontal support level - High probability of break down
Retail longs building since the drop - You want to trade in the opposite direction of Retail
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