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Ricosuavea

USD/JPY Higher Highs, Higher Lows....BUT (SHORT)

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Ricosuavea  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Trend Lines Chart Patterns USDJPY uj usdjpyshort USD jpy usdjpyanalysis usdjpysell usdjpyforecast usdjpysignal
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trendanalysis trendline chartpattern usdjpy uj usdjpyshort usd jpy usdjpyanalysis usdjpysell usdjpyforecast usdjpysignal
Usd/JPY has a clear up-trend in play, however we approached a important level of resistance where it absolutely melted from this level the last time (RED).

I have two take profit targets, Pulling out the FIBB Retracement tool will be helpful as well.

Enjoy!
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