forexTrdr

short USDJPY for retest of high 108 into April

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Looking to short USDJPY with stop loss at fibonacci support around 112.3 area; targeting 109 area over next month with trade driven by interest rate differentials (carry trade) on US treasuries vs JGB after last weeks break out higher on US 10yrs
Trade active: Take off: take profit 1 hit