Bears will take control

Updated
USDJPY uptrend looks like it is finally shifting after months of rallying. In my previous ideas there was much bull pressure at the 157.7 level, proving this is an important SR zone. Following a break below and now a retest, we can look to go short here.

Not to mention, fundamental sentiment points towards a weaker dollar
Trade active
Bearish engulfing candle formed, showing strong rejection
Trade closed: target reached
TP1 hit 155.5
Chart PatternsTechnical IndicatorsTrend AnalysisUSDJPY

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