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forexmastersacademy

USD/JPY, Breakout of Key Level should move the price Down

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
forexmastersacademy  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY usdjpyshort usdjpyanalysis usdjpysell usdjpyidea usdjpysetup usdjpyforecast usdjpy4hrs usdjpyshortsetup
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trendanalysis chartpattern waveanalysis usdjpy usdjpyshort usdjpyanalysis usdjpysell usdjpyidea usdjpysetup usdjpyforecast usdjpy4hrs usdjpyshortsetup
We think, that there will be a bearish continuation, because:
- price is in a downtrend
- price broke the key level
- there was a fake breakout of this mirror level
- there were multiple rejections from the level
- it seems not realistic for the price to break above
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