USDJPY - Bearish ?

20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines

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How I see it:
Bearish behavior, although higher TF 's is still bullish
I'm selling the rallies for now...

Keynote!
For any possible short term bullish continuation, price will have to punch through monthly resistance with a 1D body.

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Trend Analysis

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