USDJPY Daily: Bearish below the breaker, targeting sell-side U.S. DOLLAR / JAPANESE YENFX_IDC:USDJPYULYSSESTRADER In late August, UJ ran the highs around 160.30 (TS) and sold off hard to about 153. The recovery then swept the internal high near 158.90 in late September and failed to continue higher. Since then, price has been chopping around the breaker at roughly 158.00. A CISD level sits at about 157.30, marking where delivery flips bearish. I'm looking for one more retest into the breaker around 158.00–158.30. If it holds as resistance and price closes below the CISD at 157.30, the draw is the sell-side liquidity under the September lows at about 152.90–153.00. The bearish idea is invalidated by a daily close back above about 158.90, the sweep high. This is not financial advice; it's my own daily read.