USD/JPY has dropped from its yearly high and ended its three-day upward trend.
It's difficult to predict the drop unless it goes below the support level of 135.75.
If it does, the next support levels would be 133.50 and 130.00.
If buyers hold their ground, previous resistance lines at 139.75 and 139.20 could act as intermediate halts.
USDJPY weekly analysis 17 october 2016, long position .
Long position : 102.03
Stop loss : 100.66 (137 pips)
Take profit : 106.45 (442pips)
R/r Ratio = 1 : 3.22
