Mihai_Iacob

UsdJpy- preparing for a drop to 105?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Yesterday UsdJpy reversed from 106.50 resistance and dropped fast to 106 support.
Now the pair is consolidating above this support and a break under should accelerate losses to 105 support.
Interim support is at 105.50 and I will stay bearish this pair as long as the price is under 106.50 on the daily close basis

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