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Short

Near term Bearish USDJPY

FX:USDJPY   U.S. Dollar/Japanese Yen
42 0 2
Price Action - previous candle (in W1) formed bearish engulfing the opened by a huge gap.
MACD - still in bullish formation
RSI - still in bullish formation

this near-term bearishness is possibly a correction or consolidation for what might be a long-term bullish run.

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