USDJPY Short it

Greetings dear Traders,this is my analysis for USDJPY and it is short.

On the chart we can see how the price reacted during the months that have been moving.

As we can see on the chart price continues to fall in the course of a long downfall , which began in July this year it has been preparing sometime.

When the resistance line was formed on the chart,the price had moved trought the Resistance Line many times.

Also we can see that the price in December still went for break through the level and went down to the support zone of 103.47. This zone originates just the same as it was in November.

On the chart on this time, the price moved in front of the zone for some time it had broken through it during the fall like a two downtrend spikes .

Now on the chart we can see that it has passed the Support Zone wich menaged a good growth so i think that it will menage to go to the resistance line and after that a solid downfall.

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