Resistance: 93.33 strong/93.83 moderate/94.29 minor Support: 92.87 moderate/92.37 minor/91.92 minor Bearish Engulfing is just under the pivot point in USDJPY 4-Hour charts, a moderate bearish pattern below a strong resistance. Given proximity to 93.33, we can consider shorts under the said price with stops placed above the Pivot Point for a low risk-high reward trade. Immediate objective is 92.87 then on to 92.37 break of which gives us a run on the market.
