96.25 USD/JPY ( app 103.85 In the June Futures)
FXY…101.83
Day-Traders…
This is the lowest Risk spot to Sell Yen & FXY…BUY USD/JPY “the first time up” for a reaction trade.
You’d be looking for 70-80 points off this level.
This is a trade for the nimble, looking for an overextended level, during and for the U.S. trading session only.
