SmilieYen

usdjpy retrace before drop?

FX:USDJPY   U.S. Dollar / Japanese Yen
With 100-101 level being a very strong support from 1992, 2004-2005, there is a very likely chance we could see a retraacement to the 101 level before reaching the next support at 95.000 area. if so there is very likely possibility to get in on a short at the 101 level. (see other trades for short idea)
Comment: take profit 1- 98.84
take profit 2 - 95.70
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