dchua1969

To short or not to short , that is the million dollar question ?

FX:USDJPY   U.S. Dollar / Japanese Yen
Several followers asked me this question and I am as clueless as they are. What is on the sleeves of BOJ ? Will they intervene like before ? For one , I wont be shorting this pair for the simple fact that it is in a bullish trend (going against it is unwise as I have been educated from the market umpteen times).

As I am currently not vested in this pair, I will be sitting on the fence and watch the party. For those who are vested, perhaps it is good to trim your positions for some profits and ride the rally further up. How high will it go is anyone guess.

Please DYODD
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