usd.jpy8/12/2019

Dollar yen and broken trend
We mentioned before about our expectation for more bearish trades after the successful sale of Al-Bayaa to break and close down the uptrend on the daily frame, and as we note the Al-Bayaa control of lowering prices
Forming a summit that is less than a summit and a bottom that is less than a bottom
Expect more negative trades to fresh lows
Therefore, we recommend not to search for a selling opportunity during this week's trading unless we witness a breakout of the important daily top 109.80.