With DXY on a downt rend and yield prices tanking . USDJPY presents us with an opportunity to enter short positions. The WEEKLY TF is already bearish. The daily is in a downtrend as well. Market structure comfirms that berish sentiment is on a raise. The Yen has been on a rise despite the feds hawkish sentiment. Anyway that is just my take. I'll be waiting to short as soon as price pulls into H4 supply zone.
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