BIGBENDFX

D1 USDJPY Short Targeting 100 level to the downside.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Looking for a longer term corrective trade on USDJPY to the downside. Targeting the 100 level on the daily chart.

How we are trading this chart. With equities racing higher we are looking first for a reversal from the move higher in the U.S indexes before taking on shorts in the USDJPY. Will be looking at going short around the 111.52 area (ideally)

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