MeasuredMove

Consolidation before dipping lower?

FX:USDJPY   U.S. Dollar/Japanese Yen
87 0 1
UJ seems to have found some buyers at the Dec             . Value are low (101.77). Attempts above the Dec             . POC             have been sold. It might be good to just look for shorts around 102.95 area ( Dec             POC             - not labeled red line) and look for longs around 101.70 until this market picks a direction - likely towards the 100 level.

Market profile - http://gyazo.com/28fb91139017fe149ab2129d6d5627ac
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