On USDJPY, we have a market that generated a supply zone around 140.50, then retraced back to the 75% Fibonacci level at 140.50, creating a setup for a short entry. The target is the demand zone around 138.70.

Let me know what you think.

Happy trading to everyone.
ForexFundamental AnalysisTechnical Indicatorspriceactionshortsignalssupply_and_demandtradeTrend AnalysisUSDJPY

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