Despite the strong dollar it still can't break bullish on JPY. RSI and MACD didn't make a new high either. Volume was weak the past two days when it went positive, so I'm still dollaryen bearish. I'll wait to see if it's going to do a small reverse upwards and then bounce off of already tested resistance.
Trade active:
I hope you got your entry earlier today. Its nicely on its way, helped by a USD forecast miss on the Unemployment Claims. Be ready tomorrow or next week, it will hit the bounce and reverse. You can hold on to your position or scale out when time come or keep it and hope it will continue down.
