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nukenoobfx

USDJPY looks likes to want to rally but I'm not buying

U.S. Dollar / Japanese Yen (FX:USDJPY)  
nukenoobfx  
FX:USDJPY   U.S. Dollar / Japanese Yen
USD (US Dollar)
0
0
usd-us-dollar
The pair has reached its all time high very recently and sentiment still show lots of buying so it seems --- I am suspecting some hint of MM strength backing the upward trend. I will just be waiting for MMs to get really exhausted before entering my SHORT position. I am watching this pair to reach the 125 price levels before considering another close analysis on the pair. It still looks unpredictable at this point so I will just be on stalk mode for the USDJPY.
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