NFP friday is behind us and Ukraine is back in focus as I said in my last post.
Tense geopolitical situation favour the JPY strength and the shizo EUR, DX under the 80 from early april [08.04.2014].
This is the R [4h chart] for USDJPY
102.10
101.70
101.50
101.00
100.80
There can be some upside move but I think that will be just impulsive move, caped with 102.8 - 103.00 as a good entry area.
I have a open short position @ ~102.3, I will keep it for 30 to 50 pips and revers it for the 102.5 target. [Late Japan, early european session].
Option expire for usdjpy range from>101.80 to 102.70
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