We've since taken all profits at our 3rd TP (1.40800 ZONE). Price moved move up from there to the current at 144.400. It is CONSOLIDATING before either moving up to 147.000 or falling below 140.800 (my last TP). I'm currently not involved with USDJPY until price moves to either 147.000 or 140.800.
You need to able to stay away from a PAIR if it is not showing...
Even though I see more correction to come, the short-term picture suggests we should see up move first.
We have neckline currently and as long as this holds, we should see re-test 129.50 and 131.50 before lower again.
I am staying on side line because of uncertainty, and prefer selling higher levels, then to go long for now.
For those attempting to try BUY...
