USDJPY Daily Analysis 31.12.2018

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,
Our Analysis on USDJPY from 28.12.2018 was correct. Price retested the Trendline and then fell lower.

Now we broke an important support level at 110.250. Trades who'd like to go short, it'd be ideal to wait for a retest of the broken support.

We can target the 109.300 level, which is another important level on the daily timeframe .

I wish you all a happy New Year.


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