FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
For the past few weeks I have been sharing the bias for the downward push in USDJPY well I still favor the downside on this pair. we saw the pair struggle this pass week to stay above 110.50 and currently trading under 110.00 I expect the pair to push up back above 110.00 but am not expecting that move to hold. what I will be looking at is what the news for USD this week will be like, the first major release on Tuesday. I believe that will determine the direction for the week. Guys remember the market can do anything so use proper risk management at all times.

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