USDJPY - Short

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USDJPY - ShortUS Dollar vs. Japanese YenFX:USDJPYStuYo88USDJPY remains within a bearish Daily structure following the strong decline from the 164 area. Price is currently retracing towards the 158.0–159.3 region. This area previously acted as support but could now become resistance, with the descending trendline providing additional confluence. I’m not treating the retracement itself as a short entry. I would want to see a clear Daily rejection from the zone followed by renewed bearish structure. Confirmation: • Rejection from the 158.0–159.3 zone • Bearish Daily close • Break of the developing lower-timeframe structure Potential target: • Previous low around 153.12 A sustained Daily close above the resistance zone would weaken the bearish continuation idea. Currently developing—not yet a confirmed entry.