Plamen
Short

UJ 9 hours Resistance Short

FX:USDJPY   U.S. Dollar / Japanese Yen
Over the past week I have noticed a strong resistance in the 104.3-104.5 area. A support in the 102.8 area. Today 2 different breakouts happened with a very good retest. I also did Fibs retracement and it shows that it has been consolidating at the 0.50 but now it is starting to pull away. I do not have any other indication that this will be bearish please comment below if you have anything else you would like to add that I miss.

Also take profit at 103.45 area.
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