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Johanes

JLS: USDJPY Short 112.00-109.50-107.00-104.50-102.00

Short
U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)  
Johanes  
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Beyond Technical Analysis
2
0
beyondta
The current short trade on USDJPY seems to be firm for 112.00-109.50-107.00-104.50-102.00. It is also confirmed by the much stronger than expected Japanese GDP performance. The accelerated US economy supportive to lifting the Japanese economy as major trading partner. Short trade still underway to target the 107.00 to 102.00.
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