FX:USDJPY   U.S. Dollar / Japanese Yen
SHORT USD/JPY, IF*** there is a clear rejection around the current area, wich is on a the 107,000 monthly key level (psychological level), it is also on the 61,80% level of the fibonacci taken on the monthly timeframe and it is at the top of an uptrend channel. The market is also over extended (seen on the RSI). IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.