After hitting the 0.618 Fib line I will take another look at going long if it seems we have hit a bottom and possibly some fundamental news has assisted in a weaker Yen.
TP @ 103.20
SL @ 100.28 (The Low of today's daily candle)
I shouldn't have opened the trade early on the open of the week.
I actually have an open position still open that got opened on a buy order I had set on a break of the 4 hour Donchian Channel at 100.70. I haven't closed it out yet, but have put a SL at 102.75.
Profit +260 pips!
I've opened a small short but will create a new idea for the short later.