Wait for it to close and see in which direction it goes. Looking for a sell then a retest at 105.500, then continue to go down.
Looks like USDJPY is retracing(pullback). The moving average crossed so I think it's going to change in direction and start down-trending again. Not showing any signs on breaking through trendline. Will be watching, looking for a sell.
* NEW TRADER any tips or comments would be much appreciated!* GJ is in a uptrend in the daily chart but is currently going through some consolidation on hourly. If it breaks the trend-line then I will be looking for a longer term sell, still have to see a pullback. If it hits the light blue mark, that could be a short opportunity for a buy(would set the take...
Looks like GJ is still in an uptrend. Will have to watch tomorrows first hour when the markets open to see which direction it might take.