Look at the momentum on the weekly, all movements goes in waves so even a strong upturn will have have pullbacks. Read the combined charts and look clues as for short term direction and keep the long turn trend in mind. Take the money the market offers at any one time.
How can EUR/USD, AUD/USD, GBP/USD and USD/JPY all be going down? I thought the Japanese Central Bank was pouring on the gas to devalue the Yen. Appreciate Yen traders' perspective on this.