Overall I am short on USDJPY long term and still have short positions in, but I am seeing a nice little long opportunity to complete the retracement that USDJPY needs. We have found support at 108.850 which is the 88.6% level of a daily bullish fib. I am looking for price to retrace up to the 4hr 50 ema which is the 200 ema on the hourly chart. Price has broken...
