Well done! When goes through 112 you could increase your short position! Its going for 100! When falling through 100 you have to triple your position! Is heading for 75! The final target for the time being!
Nowadays US Big Boys are unwinding trillions in carry trade! They keep selling USD and buying JPY to cover the carry trade. This is not a trade! THIS IS A BLOOD BATH!! There will be no support for USDJPY till 100! The final is 75 or even less! You can make 30-40 yen if you stay short! Any long position will be wiped out like you are trying to pee against the mother of all tsunamis!!!