Open trading account 
After a massive impulsive up move of 1750 pips in last quarter of 2016 on USDJPY, this pair is slowly drifting down again and price retraced around 50%. However, there is no signs of an buying interest on this pair and current price action suggest further bearish movements on this pair.
As such best option would be to look for bearish price action on lower time frames such as hourly and sell this pair on any shallow retracement after impulsive moves with take profit target around 106.80 level.
As such best option would be to look for bearish price action on lower time frames such as hourly and sell this pair on any shallow retracement after impulsive moves with take profit target around 106.80 level.
