D1 USDJPY Short Targeting 100 level to the downside.

Looking for a longer term corrective trade on USDJPY to the downside. Targeting the 100 level on the daily chart.

How we are trading this chart. With equities racing higher we are looking first for a reversal from the move higher in the U.S indexes before taking on shorts in the USDJPY. Will be looking at going short around the 111.52 area (ideally)
Chart PatternsTechnical IndicatorsTrend AnalysisUSDJPYusdjpyanalysisusdjpydailyusdjpyshortusdjpyshortsetup

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