Price has reached a key area on a strong trendline, where price has show depletion in the form of several doji candles on the daily. Japan also had a 7.0 earthquake today which usually results in a stronger Yen (theguardian.com/business/2011/mar/17/japan-yen-question-and-answer, this is a good read) Definitely looking for shorts.
Note
Watch out for market manipulation i.e. spikes to the upside. i will re-enter if stopped out
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