USDJPY: Bearish Outlook 🇺🇸🇯🇵

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Double Top or Bottom Fibonacci Supply and Demand forecast USDJPY yen japaneseyen forextrader fxtrading

doubletoporbottom fibonacci supplyanddemand forecast usdjpy yen japaneseyen forextrader fxtrading

snapshot

USDJPY broke and closed below a strong intraday structure resistance recently.
Retesting that structure, the price formed 2 cute double tops: tiny one and bigger one.

I believe that the pair will drop lower.
Goals: 138.78 / 138.07

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