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Basit-Abdul

USDJPY SELL

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Basit-Abdul  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis Chart Patterns USDJPY downtrend breakandretest
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trendanalysis beyondta chartpattern usdjpy downtrend breakandretest
Price has broke through level that has previously served as support and the movement of this pair indicates rejection of the previous supporting level.

Fibonacci is the only tool used in this trade and pair has also shown rejection of the levels which can also support the fact that there is a downtrend continuation which could occur.
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