UPDATE ON USDJPY SELL IDEAUSD/JPYOANDA:USDJPYCartelaThis is a follow up to our previously published idea on USDJPY where we forecasted that USDJPY has a tendency of developing a bearish price action and that is exactly what the market is doing currently. Today being Wednesday, We are looking forward to gaining sell entries as a we are likely going to see a continuation of this bearish trend. We are also expecting some volatility in USD today due to red folder news that's coming up later in the day (THE PREL. GDP REPORT) Technically, we can notice that the price is currently forming a continuation pattern and on a break of this pattern, we are going to sell short.