USDJPY rejected nicely by 61.8 FIB level

Oleh pipped
Have been looking for a good opportunity to open a short position on USDJPY. We've bounced off the 61.8 FIB level nicely, and also where we met our trend line. We've also closed below the 8 EMA.

I have 3 bearish confirmations for USDJPY, so I will be short until target 1.

Good luck trading, trust yourself, and your analysis.

To everyone's success!
Bearish Trend LineChart PatternsFibonacci RetracementTechnical IndicatorsTrend AnalysisUSDJPYusdjpyshort

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