Waiting to see if the 105.6 to 106.6 zone holds

Quick review of where USDJPY is at tonight.

The downtrend on the daily timeframe is still intact. Retracing a bit into the 105.65 area.

The 105.60 to 106.60 zone is the key area to hold if the down trend is to stay intact. If a set-up appears in this zone I'll look to short.
Trend Analysis

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