USDJPY SHORT PRICE ACTION FORECAST

The pair is clearly under sellers' pressure after the breakout of the ascending trendline and price structure trading within a channel. The death-cross can also confirm the bearish bias between the EMA and prompt to happen with the SMA 200.

Price pullback to retest the broken area will trigger a sell limit order to capture the downward movement towards the support zone.

The order:
Type: sell-limit
S/L: 32 pips - R:R | 1:2 -
T/P: support zone

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