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The_Pip_Trader

usdjpy analysis

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
The_Pip_Trader  
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Trend Analysis USDJPY usdjpyshort breakandretest Daily Charts 4h 1h 30min
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chartpattern trendanalysis usdjpy usdjpyshort breakandretest daily 4h 1h 30min
USDJPY

Overall structure is bearish on USDJPY. Price broke below 147.553 daily support and retested as 147.553 daily resistance with a bearish engulfing candlestick on the 30 min being entry confirmation to continue bearish bias
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