Marenno
Short

USDJPY Short term intraday review of current situation

FX:USDJPY   U.S. Dollar/Japanese Yen
Currently none of the major chart patterns appears on 1H chart



Price is currently at 76.4% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to previous swing Down


Breakout entry can be placed at the level shown on chart



"P.S.: Current short term analysis can look opposite to what I have posted of a higher grade. 
It happens because I’m reacting to a current market conditions, as big changes are starting with small. 
Also entry level on a higher grade chart can be a target on a lower grade chart"
"Any questions are welcome!!! just write down in comments.

Your likes are much appreciated."
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