FX:USDJPY   U.S. Dollar / Japanese Yen
Who would dare buy the USD and sell the yen.

I would.

Monthly trend is down but price is at a large monthly DZ, not an area to be going short.
Price is also at weekly demand
then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline , leaving behind, a Demand zone

I would dare to buy the USD up to around 110 as first target and then 111 as second target
Be careful what you think because your thoughts run your life..King Solomon
Agree
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@stalin, I agree, ultimately price is likely to to the price level you point out. I am however speaking of more shorter term than longer term. by this I mean a week or so.

best wishes
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Short to the 106 is more likely
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