Revisiting USD/JPY

About a month ago, backĀ in December 2015, I posted signs of a USD/JPY reversal here and here.

This pair has plunged since, and is currently making a correction at 118.87.

Where is it going from here?

Probably down, down, down, but of course it won’t go down in a straight line.

If you want to get in shorting this pair at this stage, then you know the drill.


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