DislikedI am currently bullish on UsdJpy, but i am trading it off the daily and weekly chart. So a small correction towards 103.00/102.80 is not going to change my view. Sooner or later we are going to push for 105.00 there is a very important weekly trendline, which will halt the rallye for a short time afterwards a move towards 108.00 is in the cards if fundamentals keep the usd in favor like nowadays. The break of the 101-103 range is a very important step, so sellers should be a little bit cautious and dont stick to long to your positions. The divergence...Ignored
I meant... would it be better if you short around 104.15 rather than wait for 103 as a retracement.
Since you think it will get there?