USDJPY CLEAR BEARISH DOWNTREND +250 PIP POTENTIAL

USDJPY continuing the downtrend.

Short currently active.

Multiple timeframes confirming the downtrends also confirmed by the MA's.

Looking for next target at fib level 78.6%. Target 2 to be decided upon at target 1.

Broken through critical level.

Bearish downtrend in place,

also confirmed by the bearish engulfing price action.

**Price action is key**

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Trade active as of 2 hours ago.