Yen beating up on the Dollar

The Yen started beating down the Dollar this evening during the Asian trading session.  I opened a short position at 119.79. 

The move has since stalled at 119.10 but I’m expecting furthur downward movement.  I’m seeing minor support at 118.83 (support trend line) and 118.66 (.886 finonacci).  There’s additional support at 118.50 (horizontal support line). If it breaks through these resistance levels, the next area of support is the 11-28-2005 low of 118.31.  

I might have no idea what I’m talking about but I’m sticking with my trading style the last couple of weeks because it seems to be working.

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