Description
⋅ As you see in the Daily chart, there is an uptrend which is in a bearish correction phase.
Price in the last upside move couldn’t make a higher high and got rejected and paused by the supply level.
I expect more fall and bearish retrace for USDJPY around 106.8
IF bearish candle closed below 108.880, we can enter short with a target at (107.00 - 106.8) and SL at 110.00
(Check the candle closures and bearish signals in lower time frames like 1H and 30min)