market analysis for usdjpy

As market opens, expect a little move to the upside towards the diagonal resistance which has been respected for a number for times, i expect sellers to come in at that point to push price further below. Our sell order will be placed after price action has been seen showing price rejection at that resistance level.

If price breaks the resistance level we will be looking for a retest before possibly going long, but for now my bias is on going short on the pair