USDJPY is emotional roller coaster as usual. Quick down but seems no effect on the dow, emini s&p which is very interesting.
Short Side should wait for the rebounce to test the Level 103.5 if fail to break thru continue go short and should reach
101.7 very quickly.
A more dangerous move is if it didnt fall below 101.6
Go Long and take profit at 103
For very Long term USDJPY is always in short as interest rate is going to go up no matter what,
US can not afford -ve at all.
Short Side should wait for the rebounce to test the Level 103.5 if fail to break thru continue go short and should reach
101.7 very quickly.
A more dangerous move is if it didnt fall below 101.6
Go Long and take profit at 103
For very Long term USDJPY is always in short as interest rate is going to go up no matter what,
US can not afford -ve at all.
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is done at least take 50 -75% profit on short position
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it can reach 95 but should be more conservative
better wait for a retest up to 103 before shorting