Looks like I won’t get a USD/JPY rally to sell into

USD/JPY is drifting lower in quiet Asian trade and all those short-term bears may not get levels near 93.50 to sell into. I will still avoid selling weakness as the bull trend has been so strong and could easily reignite.

  1. sean, i think after friday’s move pair should be higher to show some strength. a move above 93 at least… Now for short term it looks a bit weak and the support at 92.20 is obvious. With light data calendar, stops below 92 looks like the next target to me.

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