If usdpy takes out 109.7 then new downtrend will be resumed for fall towards 105.5 and 101.
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Market reverse from big figures and market drops from big figures.. So i think we should respect big figures by taking risk..!!!
This deal is all about counter trend as I like to go counter trend from big figures.. Usdcad reveresed from big figures and I am expecting usdjpy to follow as well.. but risk is there.. but comparing to loss.. risk reward is very good..!!!
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Spike from old support of 109.8 of almost 60 pips.. but usdjpy reversing back.. a bad sign..!!!!!