Sell after support break.There is a well defined support and resistance zone from 115.50 to 112.00.
The USDJPY printed a strong bearish candle with its close price well below that zone. So, a move towards the 108.00 is possible, however the pair may find some buying pressure/take profit around 110.00.
I entered this trade at 110.88, stop at 112.50, take profit at 108.50.
A close above the 112.00 will negate this view.
Break
Cac 40 Index on a knife-edge hereCac 40 index is sitting on a knife-edge here waiting for positive news from FOMC presser. Not quite as positive as the Dax but they are both going to move in same direction when it comes. Get ready to go long on a move above 5310 if we see it for rally to 5744 to begin with, then 5865