We expect a JPY tumble. 100 against dollar is a warning alert, so we think that is time for open a multi week long position on USD/JPY. We suggest this kind of position, with max loss risk around 35%:
- Cross: USD/JPY
- Trade: Long
- Leverage: 25x
- Entry Price: 100,05 (market price)
- Stop Loss: 98,60
- Take profit: 104.25