Break monthly trendline and Retest monthly trendline
trying to make retest if break resistance it will be bullish signal
if not it would be continue bearish as a monthly view
In my analysis USDJPY will reject untill 137.00
By indicates
1. Bearish engulfing
2. Take profit with fibo scale
This is not signal!
Feel free to discuss
Potential to rejection, resistance become support
1. price near EMA 94
2. waiting confirmation (bullish engulfing) inside potential buy label
3. Take profit in fibo 50-60
this is not the signal, please trading with your own risk