I think short term -wise, it is consolidating now...
do not know it will break up .... or broke down again....
Technically if it breaks 117.12, we can long $ short Yen , should be quite safe once confirmed breakout
if it goese below 111.585 and did not bounce back, $/Yen collapse...
Do not know why, I am more towards second senarios...
Paper trade $/Yen now. But did not enter position yet :)
Hope we can start Currency talk in this forum!