USDJPY: closed short at 97.94; +87 pips

8.42 bst

I have a feeling that this move up in EU, EJ and UJ is a fake move and that we may turn down lower in the next hour or so. But I reckon it’s better not to take a chance, so take profits here, and assess.

Closed USDJPY short at 97.94, +87 pips.

p.s. 9.36 bst

The early move has now been retraced. EJ is back at 127.87 and UJ is back down at 97.73. 😦

 

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