USDJPY 30M . . . thinner trade may exaggerate moves

USDJPY 30m . . . thinner volumes until everyone is back at their desks may exaggerate moves this week. Here's a 30m chart and already we have hit the top T-line with 5 day AvDaRa at 90 points also being taken out. The 5 day AvDaRa is catching up from the holiday season so isn't the perfect reflection of things just yet. Temporarily out here as any spike could just as easily be retraced and if I miss a surge then so be it . . . 362 more days to have a go !!

Comment:

Well the US news at 3.00 GMT gave it the spike but soon retraced with some hefty SELLERS showing their strength at the previous HIGH. I still think this is holiday blip and PRICE will hold for the day around the 30M 100SMA/200SMA level (blue/green). Time will tell but this week is a "bedding in" week as far as I'm concerned and expect some surprise zig-zags hitting the screens until everyone is back at their desks in earnest from next week.