FX:USDJPY   USA-dollar/Japansk yen
12
Im not interested in trying to play long but rather try and identify another area to short from. I expect the swing high to hold as price is making lower highs and to retest the swing low, which may keep falling from here. This time the retrace area is quite deep and we have two structures within it that I will target for a short. As always if the swing high is broken then I would expect price to make a higher low.

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