#UsdJpy- Lower high in place
After a bearish Pin Bar in 115.50 zone resistance followed by another bearish long-tailed rejection candle, UsdJpy has dropped under the important 115 figure.
At this moment we can consider that a lower high is in place and expect continuation to the downside.
Rallies above 115 should be sold and bears could target 112.50 support zone .
A daily close above 115.50 would negate this scenario