FX:USDJPY   U.S. Dollar/Japanese Yen
145 0 7
It looks like the rate may be working on a descending triangle pattern and as long as we are trading below 114.00 we should reach the lows around 111.00.

A break above 114.00 would invalidate my immediate bearish outlook, however only a daily close back above the major resistance at 116.00 would turn me bullosh on the pair once again.

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