We spoke of the 131 Futures level on Friday…We’ve put in a double bottom pattern on the monthly and qtrly charts in USD/JPY @ 76.30 ish

This is the level to sell the Yen against with a very tight stop. You would also think this would line up with some stock strength…we’ll see on that..the jury is out..

Only professional traders should attempt any trade in the Yen…!!!!! It is way too early in the game today..!!!!!! 76.80 will be a big pivot the rest of the day.

A close under the lows ( 76.25) could lead to USD/JPY doing another swing toward 70 USD/JPY