https://fxww.com/usdjpy-reducing-shorts-looks-like-i-might-have-the-wrong-levels/ The Professional Source Tue, 04 Jun 2013 09:28:41 +0000 hourly 1 https://fxww.com/usdjpy-reducing-shorts-looks-like-i-might-have-the-wrong-levels/#comment-21646 Tue, 04 Jun 2013 09:28:41 +0000 http://381c099c8f.nxcli.net/?p=8210#comment-21646 Well, I did get my 99.70 and I thought 99.50 is not out of the question but I think very few of us was thinking to see sub 99 levels. The bounce is strong, but now it’s a tricky one before the NFP.

]]> https://fxww.com/usdjpy-reducing-shorts-looks-like-i-might-have-the-wrong-levels/#comment-21634 Tue, 04 Jun 2013 07:42:18 +0000 http://381c099c8f.nxcli.net/?p=8210#comment-21634 Good luck Nick. My tech analysis suggests that we go lower but we could see 101.05/10 again so I’m sort of guarding against that possibility for now

]]> https://fxww.com/usdjpy-reducing-shorts-looks-like-i-might-have-the-wrong-levels/#comment-21632 Tue, 04 Jun 2013 07:29:53 +0000 http://381c099c8f.nxcli.net/?p=8210#comment-21632 I was bullish on the usd/jpy for some time, however the break down of the big figure has changed things. This current rally doesnt look convincing, have taken a short position at 100.37 with a target of 98.80 (55 day MA) where I then intend to take another buy the usd/jpy.
I hope i’m right!

]]>