USDJPY Short time bearish
For years now Yen has been weak and USDJPY Rose 11% in the last 5 months meaning the trend is bullish . 
USDJPY Peaked at 160 area last month then we saw some selling pressure which drove the rate to 152 zone {Last year high}
Price rejection since this month open from 158 means we have some selling pressure, Today after US GDP QoQ2 release USDJPY Dropped 900 points too. I would wait to get a favorable long entry points.
Areas of focus 155, 152, lowest 150. Below that the bias turns bearish mid term.
USDJPY Peaked at 160 area last month then we saw some selling pressure which drove the rate to 152 zone {Last year high} Price rejection since this month open from 158 means we have some selling pressure, Today after US GDP QoQ2 release USDJPY Dropped 900 points too. I would wait to get a favorable long entry points.
Areas of focus 155, 152, lowest 150. Below that the bias turns bearish mid term.
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