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FinancialGamblR

USDJPY bearish continuation trading opportunity

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
FinancialGamblR  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Supply and Demand Trend Analysis usdjpyshort usdjpysell usdjpybear usdjpybearish yen yenlong usdshort USDJPY
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supportandresistance supplyanddemand trendanalysis usdjpyshort usdjpysell usdjpybear usdjpybearish yen yenlong usdshort usdjpy
1. Price is being held resisted at the 106.40 price level. We see that price crossed temporarily above this level and quickly sold off lower. Price is retesting this level again and is being held resisted.

2. I see this as a good place to enter short for a decent R:R.
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