USDJPY - let's go again

Here we can see that UJ could react to this technical analysis. This will be a short term tight SL trade with a stop loss of 11 pips.

Reason behind getting in to the trade is DXY is on the drop. Nothing is seeing that coming back just yet. That, along with the trendline and the fib in place we can look to get in on this nice level here.

Sell limit in place for 103.180 and take profit of 52 pips.

Nice little trade to end the week hopefully!