JaredJJohnson

Swinging both ways (not that there's anything wrong with that)

FX:USDJPY   U.S. Dollar / Japanese Yen
We have two pretty good options on USDJPY, a break above 102.50 could take this up for a quick move into 103.20 and even 103.50. However if this holds below 102.50 I'll be looking for the larger trend line break around 102.00 and a move into 100.00 and even 99.00.

I'll take this either direction, if either break puts up a fight I'll exit quickly with small losses.

www.daytradersfx.com

Jared Johnson
Union Hedge Funds
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