USDJPY: Important Structure to Watch 🇺🇸🇯🇵

2 Jan 2023

USDJPY is approaching 130.38 - 131.1 key daily structure support.

Taking into consideration, that the pair is very bearish at the moment,
I am patiently waiting for a breakout of that structure.

Wait for a daily candle close below the underlined area, then sell aggressively or on a retest.
A bearish continuation will be expected to 127.0 then

I will post an update once I spot a valid breakout.

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