USD/JPY hit its 4-C area today. It might be able to reach 109.97/110.00 however next wave is to be Final downward wave 5.
On the other hand, EUR/USD is coming back from the latest plunging mode which should be EUR/USD's final recovery (and means S&P500's correction before 2400 area).
I would like to buy the bottom of USD/JPY, and sell the expecting EUR/USD's recovery. ----which is going to be the hottest trend-following in Q2 and Q3 2016 !