Usd/Jpy and the crosses have been knocked down hard yesterday by Yen strength across the board,
Chinese economic trouble, bad data for US seem to be the combination of factors
why investors are selling off the Usd

Usd/Jpy now stands at a critical support point - just above 101.95, which is daily trendline;
a break of 101.95 will also take out the lows of Friday - 102,
and traders believe a long haul down, a final leg will subsequently evolve,
and more importantly, if this happens it will not only be a retracement anymore:
another move up will be taken out of the strategic picture, and could lead to bearish overall sentiment on the pair

So, this is a crucial point for the pair, if Usd/Jpy intends another attempt at the 105 highs,
the 101.95 must hold on market opening on Sunday

I will work out the best way to trade either move, and subsequent TP and SL and post it tomorrow

Have a nice weekend all
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