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Whats really going on with USDJPY and whats next

FX:USDJPY   U.S. Dollar/Japanese Yen
37 0 8
The ongoing uptrend is as many other trends nothing new even tho it may look that way on lower times frames. Thats why it is so important to get that Eagle overview on higher ones.

This uptrend started October 2011 and is still going very strong. It reached and shot past its median fair value pretty fast. It is now aiming for its upside target. Now nothing goes in a straight angle forever. Even tho the upside target price is aiming for is clear to me - I am still careful trading this pair right now and monitor it closely as I trade it on the Daily.

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// RolandV.
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