DanV

USDJPY - Potential Long Entry On Pull-Back

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
2
USDJPY Appear to have established an important low in October 2011, to me it looks like it it is in process of building what I call super nesting, ir series of((i)) ((I)) (I), (II) 1,2 before blasting higher in massive wave 3 of 3 so to speak.

It could retrace to 81.5 area or little higher which I believe will offer excellent long Entry for intermediate target to to be around 84 -85 region. One to watch for sure

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