JeepsonTrading

Approaching Minor Resistance

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
September 28

Timeframe: Month

Trend: Down since September 1998

Retracement: Yes since February 2012

Notes: Downtrend with good retracement pattern, price point hitting a Minor Resistance zone, keep an eye on Day and Week charts for indications of snapping back to the downtrend.

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