Last night i mentioned in a post that i was looking for USDJPY to pullback below the 90.00 level to provide us with a buying opportunity and running a stop on longs below 88.00. It looks as though i was being a little conservative and as such have decided to update my levels.
1. Buy USDJPY at 91.10
2. Buy USDJPY at 90.35.
3. Stop loss below 90.00 on longs.
4. And don’t forget to buy on the break of 92.50 and take profit on that at 94.00.