The Forex Mechanics are back again . We just want you to see what USDjpy is doing now.
Since we are risk takers we have entered the trade at 113.612. But we are advising anyone who wants to trade this pair to wait till tomorrow . The issue is we don't know if its going to close above 113.460 Price Level . This is because we are expecting a pull back to that price level before pulling the trigger. But if it closes below the 113.460 Level then we play the waiting game again.
But The Forex Mechanics think the price will close above that Price Level and hit 113.767 today or tomorrow.
See Daily Chart below
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