Looking for continued weakness in the USDJPY as the DXY comes off its highs.
The GBPJPY reversed and then followed through to the downside and so we could get a continuation here too The EURJPY did the same but with no follow through so this was the only loser yesterday.
The strategy doesn't do as well on a Wednesday as it usually does on Monday and Tuesday. However, we get ADP and FOMC so I am expecting some volatility in the afternoon session before things shut down ahead of the Fed.