The JPY weakness should continue, we like these 4 pairs, the price alarm points are at the first resistance and the target past there is listed. D1 time frame up trends should re-form above the alarm prices.
EUR/JPY – set buy alarm at 107.95, target is 111.00
CHF/JPY – set buy alarm at 89.75, target is 92.00
GBP/JPY – set buy alarm at 131.80, target is 133.00
USD/JPY – set buy alarm at 81.75, target is 84.00
When the alarms hit verify any entries with The Forex Heatmap ™ and look for JPY weakness or cross currency strength or both.
Good Trading
Mark Mc Donnell www.forexearlywarning.com
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