Up then down....USD JPY

FX:USDJPY   U.S. Dollar / Japanese Yen
Looking at the chart, a double top has been formed at the 114 area and a neckline at the 50% Fib level of 108.80ish. It's yet to break this 50% 108.50-80 Fib level and we've been left with what ALMOST looks like a bullish hammer close! Although the candle is I do believe this will go up to test the 38.2% (111.00) fib before visiting 106.50 IF it's breaks the neckline.


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