FullTimeTrader
Short

USDJPY-short bias after the FOMC

FX:USDJPY   U.S. Dollar/Japanese Yen
444 1 7
Nothing new from the FOMC. The price action shows us a failure to broke last short term resistance.
There is also a 0.61 fib level, nice point for entry
According to monthly analisis
USDJPY-Expect a pullback at least to 110.00

I expect a deeper pulback for this pair.
Happy trading.
112? wow , I think it will rise back to 120 level before that drop
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