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Simply4ex

USDJPY Resumes its downtrend

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Simply4ex Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyshort
15
5
trendanalysis chartpattern usdjpy usdjpyshort
The correction for USDJPY stopped at the multi year descending trendline and appears to be over.

A daily close below 108.35-50 will open the door to 106.60 and then toward 100.
Comment:
TP 1 Achieved. SL to BE for the 2nd position
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