Trader_97

USD/JPY COULD CORRECT LOWER IN NEAR TERM !

FX:USDJPY   U.S. Dollar/Japanese Yen
24 0 1
Though still trading inside a Bullish channel but we could be headed lower for short term.Price broke out from the recent T.L support from October 15th and our daily close seems to be bearish although the candlestick left shadows both ways.I think if we manage to break and close below 122.20 area.... Price may continue to fall but with no decent support until 121.40 area could produce a good shorting opportunity
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