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USDJPY: Bearish Engulfing Candle Looms

↪️USDJPY is trading in an uptrend but the price forms a bearish-engulfing candlestick pattern, snapping five days of gains, down almost 0.60%, after hitting a weekly high of 138.74. The pair remains upward biased, but a bearish candlestick formation could open the door for further losses. Meanwhile, if the price achieves a daily close below the December 15 daily low of 138.17, that would exert downward pressure on the pair... Trade safe 👍✅
http://dlvr.it/SpLgJy

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