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Short

USD/JPY Fib. 1.382 reversal ? (Nikita FX)

FX:USDJPY   U.S. Dollar/Japanese Yen
342 0 1
USD/JPY             occasionally extended its Fib.1.382 projection of wave A.
C=A x Fib. 1.382 which means;
110.02=108.467 + (109.365-108.241) x Fib.1.382

110.088 was only 6 pips above the 110.02.....

USD/JPY             had already fallen down into the bottom area of the Yellow channel extension.
If it will go down far below the Yellow channel bottom extended line (Pink line), USD/JPY            
will go far South.

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