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USD/JPY Technical Analysis

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
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OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyshort usdjpyanalysis usdjpydaily usdjpysell usdjpyforecast usdjpyidea usdjpysignal usdjpylong
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trendanalysis chartpattern usdjpy usdjpyshort usdjpyanalysis usdjpydaily usdjpysell usdjpyforecast usdjpyidea usdjpysignal usdjpylong

The counter broke the resistance of 105.8 but was unable to sustain above it.
It has then encountered a strong sell-off and has broken a bullish trendline.
Hence, we expect the pair to be bearish in the near-term.
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