Hello, fellow traders and community members. After a long rally, we have today witnessed a price action in this pair that hints about US Dollar weakness ahead. A daily close below 114.80 will confirm the downtrend.

Or if one finds the price near 116 levels then it will be a good opportunity to sell the pair. Otherwise one can also wait for a daily candle close below 114.85 for confirmation.

USDJPY 4H CHART
Any comments or suggestions about the setup are welcome.
Happy Trading to all.
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