USDJPY Potential for Bearish Continuation| 5th August 2022

On the H4, price is slightly bullish biased as it fails to break the first support. Short entry at 134.504 as we will wait for pull back before taking positions. take profit at 131.627. Alternatively, price could pull back to test at the first resistance which is our stop loss136.689

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Chart PatternsTechnical IndicatorsjpyTrend AnalysisUSDUSDJPY

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