KN_FXtrader
Long

USD/JPY Technical Analysis

FX:USDJPY   U.S. Dollar/Japanese Yen
The price brke the bullish trendline and seems ready to go higher.It is finding support at 122.90. We are waiting for candlestick patterns comfirmation.
the trendline is bearish sorry for the mistake.... :)
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What do you think about fibonacci retracement? Do you think it can bounce at 0.236? For me, it looks like it has reached a resistance (of course, it will be broken, but doesn't seem like the next movement)
snapshot
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