maglite55

USD/JPY Trump Fade

Short
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
6
The fed decision to keep rates the same is capping Fed optimism. This along with recent Trump antics is adding to the fade of the usd strength. Waiting for more rhetoric to trigger the big shot below 112.50. In the meantime i see ranging trade with high of 113.67.

Entries will be on the 113.37 to 113.67 zone. Using the 15min chart for entries on candle close.
To Trade with caution. i would not be longing rather looking for shorts in range.
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