As we can see, usdjpy has broken a very strong structure that it has struggled to break for weeks, bulls tried to step in to break above but were over powered.
Price then tested the area once and bounced off, confirming that bears are in controll. we are now waiting for a second retest at this structure before entering
Price then tested the area once and bounced off, confirming that bears are in controll. we are now waiting for a second retest at this structure before entering