Risky trade however the risk reward ratio is still being respected so it is still valid possible short that could occur for USDJPY around the 121.1 mark. I would then expect a drop to at least 120.50 at least if that support fails I can consider a drop further down to my target 119.80. Risking about 35 pips for a reward of around 200 pips. Long term I expect dollar to rise I am expecting good news for non farms in the upcoming weeks also.
