The USD generally looks bullish across the board and unless some of the big Yen crosses like EUR/JPY suddenly turn bearish, we can expect the recent up-trend in USD/JPY to continue. Nevertheless there will also be some joy some top-pickers I feel, with China still expected to be defending a 97/104 dnt structure. My sell order was triggered overnight but I’ve already booked profits on that (to partially pay for my bad cable trade 🙁 ) and I’m hoping for a quick intraday spike towards 103.80 to reinstate my shorts.
