take a sell at 111.50 and 112 if it does reach, I don't think it will reach further. Then should Crash HARD.
There is GDP news from CHINA, if All Chinese news are good and US & Japan stock continue to rally >>> USDJPY will hit 113, but this is a low probability, However, spring break is coming and low-liquidity market is a golden time for big boys to play and make money, so I would recommend people to not trade this spring break and wait, and Take the first sell in USDJPY from 112-113 area. As I forecast USD index to crash, and it will take USDJPY down with it. Thanks a lot, is nice to discuss our views on the market.