USD/JPY Technical Analysis.

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

trendanalysis supportandresistance fibonacci usdjpy usdjpyshort usdjpyanalysis usdjpyidea

Currently, USD/JPY is trading at 108.42. The pair started a new down trend after breaking support level at 108.76. It may hit its first target at 108.15 and if it crosses the first target, its second target will be at 107.54.

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Rishikesh Lilawat

Comment:

First target hit.

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