FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has been on downtrend. Respecting structure creating lower lows and lower highs. Higher timeframes confirm downtrend as no structure has been broken for possible buys.
Re-entry position for USDJPY. Price is in previous area of distribution as labeled on left.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.