IamJeanPaul

SELL USDJPY FOR A CORRECTIVE MOVE LOWER

Short
IamJeanPaul Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Not selling until bears manage to make a good break of the bold red line.
Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.
Comment:
EurJpy also not looking particularly bullish right now.
Seeing scope for a correction lower towrds 120.50/60 after a slightly dovish draghi pressconference.
Comment:
closed eurjpy 120.73

usdjpy is now active i will lookout for a possible sell setup.

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