USDJPY – Watching Daily Momentum at ResistanceUSD/JPYOANDA:USDJPYdarlwright Yesterday we identified USDJPY as approaching a possible key zone based on the 50% Fibonacci retracement level. Today price is now reacting inside that resistance zone. Current read: * DAILY MOMENTUM HIGH * NEED DAILY MOMENTUM TO HOOK BEARISH * 4H MOMENTUM HIGH, HOOKING BEARISH, AND DIVERGENT * PRICE SHOWING REJECTION AT RESISTANCE At this point, the rejection candles are meaningless unless the DAILY momentum starts turning bearish. That is the FIRST requirement. After that: * We continue evaluating structure * Then look for strong volume confirmation Patience first. Alignment second. Observation, not a signal. Do your own research.