USDJPY tosbaa 04/10/2013

FX:USDJPY   U.S. Dollar / Japanese Yen
181 4 1
under 96.70 line will break down and target will 94.40 areas... after this target maybe we can make a new comment.. maybe can go 93 areas or maybe go back again 100 area.. but for now next week we will see 94.40...
still chart is working and price is making triangle... last week it couldnt break 96.70... this week triangle will complete between 97.27 - 98.98...

Trading strategy can be "buy 97.27 close 98.80 area and then sell 98.50-98.80 and wait to break 97.60... if it break 97.60 stay on short pos till 93.93 area or if cannot break 97.60 close sell pos around 98.50 and wait for breaking 98.50 to up.. if it break 98.50 quickly open long pos and watch the sky around 102 :D:D " After this week we will look our strategy is Ok or Not...
I killed my short ahead of last night's BoJ statement. Don't regret it though. I think the region of 93 will be critical.. On the monthly it forms the 61.8% Fib level and based on how price plays out there on smaller time frames, there could be a move to 100+ levels. For now, shorts are in play.

not today. maybe next week
if you read end of my comment you can see what I wrote :) there is writing "next week" :):)
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