Will update you tomorrow.
This is a great sign of the YEN weakness and Dollar strength. Here is the Nikkei futures up about 1%
Indeed nothing has changed apart from it is becoming more reasonable trade.
See how much down side room it has...
Enough to get too 112? We will see...
Good lesson that we do not need big SL if price has already broken the key support lines as nothing can stop it. Anyway it was a small one.
Also Nikkei had a healthy pullback like over 1%. Still Yen has downside risk.
I am long from 107 as you can see the "related ideas" below. Look for your opportunity and get into UJ long if you like. Thanks again.
GU hopefully will be the ONE.
I'm looking for a re-tracement to around 110.92 and then will quit it and look at reentering when it shows signs of having bottomed out. IMO