USDJPY is emotional roller coaster as usual. Quick down but seems no effect on the dow, emini s&p which is very interesting. Short Side should wait for the rebounce to test the Level 103.5 if fail to break thru continue go short and should reach 101.7 very quickly. A more dangerous move is if it didnt fall below 101.6 Go Long and take profit at 103 For very Long term USDJPY is always in short as interest rate is going to go up no matter what, US can not afford -ve at all.
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sideway market for a break but it will start getting violence very soon better wait for a retest up to 103 before shorting
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is done at least take 50 -75% profit on short position