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renanc93

Possible new Down Wave

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
renanc93  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Fibonacci
5
0
trendanalysis supportandresistance fibonacci
The pair broke a strong support who now is acting like resistance, this resistance is between the 50 and 61,8% of the retraction of the first moviment, is a nice area to sell.

The projection for the next down moviment using the AB=CD theory is arround 103.00
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