A large upper shadow on Wednesday's candlestick chart is very bearish

That highlights a likely rejection of the upside

Scope for losses to 126.56 Fibo, 50% of 101.18-151.94 (2020-2022) EBS rise

Fourteen-week momentum remains negative, reinforcing the bearish market

We are short at 129.90. USD/JPY Trader TGM2336. Prev update nL1N3440L2

EUR/JPY range has been 139.10-140.00, on Friday, so far