fximperija
Long

Possible new long after short

FX:USDJPY   U.S. Dollar/Japanese Yen
90 0 2
According to UST             10YY yield which is currently below 2.75% and possible lower towards 2.5% leads to further USD weakness.
USDJPY             made a new HH against the May 2013 high (103.7) at 105.4 in Dec. If price breaks below 102 heading toward important resistance at 101.24 we will see a bullish butterfly completion and long toward testing new high test. A long position which could extend to new high beyond 105.4. After Wed. FOMC we should see all the cards on table and act accordingly.
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