Following on from my video concerning the Yen Carry Trade, please see this follow up video where I detail what I am looking for this week in the USD/JPY.
We can compare notes with the EUR/JPY and GBP/JPY both of which are a little stronger the USD/JPY, but all three are looking weak teh UDD/JPY the weakest of the three.
My strategy will to try to get filled on the initial pull back after the weekend and then to hold for lower prices as the week progresses
I will be looking for the 140 level and there is a chance we could break lower to the 138 level.
I will update everyone midweek once we get some direction.
