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AlkalineFX

USDJPY - Bears Ready

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AlkalineFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis usdjpyshort USDJPY Technical Analysis breakout retest
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trendanalysis indicator waveanalysis usdjpyshort usdjpy technicalanalysis breakout retest
We saw an impulsive breakout of the consolidation phase and are now are witnessing a pullback. The significant trend line is being re-tested and it looks like we as seeing signs of rejection which could indicate a continuation of the bearish movement.

I have marked my bearish targets I am interested in.

COT Data - 53% Long

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