USDJPY Sellers Target Further Downside
USDJPY is showing increasing bearish pressure as sellers continue to dominate the recent price action. The pair is struggling to sustain upward movement, while the structure is gradually shifting in favor of the downside. Repeated rejection from higher levels suggests that buying momentum is losing strength, creating room for another bearish leg.
From a technical perspective, the current setup favors selling opportunities, with price expected to remain under pressure as long as the bearish structure stays intact. A continuation toward lower support areas remains the preferred scenario, with sellers potentially targeting successive downside levels as momentum develops.
The overall outlook remains bearish on USDJPY, with downside continuation offering the more attractive risk-to-reward opportunity.