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Short

USD|JPY - Short Opportunity

FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
There is an opportunity to short the USD|JPY on the break of the low of 108.991, confirming the commencement of a new bearish trend .

- Short entries may be initiated now or on the break of 108.991
- Stop Losses should be above the last swing high of corrective 109.280 (Red Horizontal); the first Lower High of the recent uptrend.
- Target Point A: 107.023 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)

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