USDJPY has 50% retraced from its previous top according to Fibonacci retracement as it suggests we might see a continuation of further downtrend in USDJPY according to Fibonacci retracement level. one can trade on the downside for a shorter-term from the current level with the risk management system.

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Chart PatternsFibonacci RetracementjpylongtradeshorttradeTechnical AnalysisTrend AnalysisUSDUSDJPYusdjpyanalysis

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