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Mase_00_7
Jul 31, 2016 3:30 PM

USDJPY - Bearish down to 100.400 Short

U.S. Dollar/Japanese YenFXCM

Description

I'm looking for a rally up into the 103.100 - 103.400 region before shorting back down to 102.000 upon seeing converging bearish signals and the 200ma acting as resistance.

I will close half my position once we reach 102.200 with stops moved to break even, with a view to eventually retesting the previous monthly low at the 100.00 level.
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