Nice trade, after BoJ setting negative rates I believe it will really go up to around 125. If there is good entry I will try to take it too. Good luck mate!
jhakas
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BOJ has history of pushing uj for atleast 700 to 1000 pips upside.. everytime it speak..
Last time BOJ talked and uj went from 109.3 to 112 same day and in coming sessions uj went to 121.75... so I see same in coming sessions.. as we have strong fundamentals now backing uj for upside.. i see good enteries around 120.5 and 119.5/7... but for short time.. i would not mind buying uj from current prices as trend will continue for 122.2 and from there i see uj retracement..
Piet.Hein
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good analysis mate :) I agree with everything you said! Yes last time was awesome.