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Neujahrs

USD/JPY:The trend goes down

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Neujahrs  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
8
1
trendanalysis
So, as we can see USD/JPY did not break through the 61.8% of Fibonacci.
This could signalize that the direction will be going down.
Also important thing is that currency is below 20-MA on H4 chart.
The main target points 109.17-108.70.

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Neujahrs
USD/JPY:Short term trend was broken
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