Usdjpy short

2016년 8월 21일Last week bears were able to hold price under 101 support level while testing 99 level. With 3 touches into what i believe is a support zone we should see a rectracement into the 38.2, bears were able to hold and retrace all levels on fib which signals to me more that this is bearish (also seeing lower lows), we should see price falling to 95 support with a retracement to 105(major resistance).