It’s a foregone conclusion isn’t it? 119.98 the high and we’ve got to hit the big figure today haven’t we?
Normally I love a big figure short for a scalp but I usually like it when it comes at or during an extended intraday move and in the European or US sessions. The fact we’ve come up here and parked up suggests that the pop is just a matter of time, especially since we’ve already had one minor pullback to 119.82. If we do slide lower then 119.70/75 is an area to watch for mild support with stronger around 119.50/60.
USD/JPY H1 chart 04 12 2014
So what do you think folks, is today the day?
