USD/JPY chart

[Robert Mihali]

Hello everyone, I found here this interessting formation. 101.9 was tested a few times, and I think that if a candle closes under this line we would get a good short position.

 

I expect that the price will reach 100.6 

[Muhammad Syamil Bin Abdullah]

From my observation, USDJPY daily chart, this currency pair now testing the support fibo level 23.6% @101.86. If this level can't hold it, the next support level 101.13 which is tested 3 times end of November.