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Niverto

SHORT TERM STRUCTURE TRADE ANALYSIS EXPLAINED

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Niverto Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
2
0
Hi Traders,The price has broken down the previous SUPPORT structure and is pointing down to the next down structure level.
The 20 and 50 SMA is confirming the downtrend.
I am predicting a retest at 103.70's before going short with two targets.

Happy trading
Comment:
Target 1 reached
Trade closed: target reached

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