USDJPY looks likes to want to rally but I'm not buying

10 Ağu 2015

The pair has reached its all time high very recently and sentiment still show lots of buying so it seems --- I am suspecting some hint of MM strength backing the upward trend. I will just be waiting for MMs to get really exhausted before entering my SHORT position. I am watching this pair to reach the 125 price levels before considering another close analysis on the pair. It still looks unpredictable at this point so I will just be on stalk mode for the USDJPY.