USDJPY - Short Opportunity

120
Market has broken below a strong support level so we can expect the market to retest the previous support which now turns into resistance and also alligning perfectly with a 38% fib retracement.

Let me know your thoughts in the comments below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.