USDJPY coming into area of high resistance

After that incredible rally last week which we discussed in this idea: tradingview.com/chart/USDJPY/TldDwy25-Bullish-USD-JPY-PA/, USDJPY has finally reached an area of high resistance and could see a pullback. First minor support comes in at the the previous Fib at 108.45 area and then major support from 107.60-106.95. (Green Rectangle)

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Pair hit the 50% Fib

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Lower timeframe trendline broke on Earthquake news. Dont usually post these here but its a nice example of what to look for

Also if anyone is wondering why the Yen strengthened on the news this is an article about the 2011 earthquake

theguardian.com/business/2011/mar/17/japan-crisis-yen-surges-nikkei-falls

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Testing the 50% Fib again

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Testing the Fib for a third time. It will be very surprising if it doesn't break. As long as we don't get a close above the Red box the idea is still valid

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Broke above on very good durable goods data. Now triggering stops

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Area held for two days. Waiting for some structure before next idea

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