We’re seeing a dip in this pair and my system has signalled a short. The longer term picture is still strongly bullish, so I am taking a relatively small short here.
Closed USDJPY long at 102.76, +63 pips.
Now short $5/pip USDJPY at 102.76, SL at 103.40.
GY is strongly affected. The 38.2 Fibo of the huge GFC range is at 169.38, which will cause at least a speed bump here. But the overall picture is so bullish, this pair will turn around again and break 170, targeting 185. I will monitor this closely.
EURJPY is being boosted by EU strength, but the yen strength may make this pair also dip. I am looking to take partial profits and hold a small position for a longer term trade.