I do not like the thought of entertaining the sell side of UsdJpy until it is trading around 145 or higher so I am wiggling in and out of the buy side. The buying in EurUsd appears to be a log of backfill on to the sell side so my approach to this one is a want to see success or failure around the 1.1200 +/- area, so I am on the fence for today with Euro and more interested in Yen. The volatility has been better in Yen at lease for my way of doing things.
