USD/JPY: Square Up Reversal?

 | Jun 08, 2017 08:44AM ET

Currently we are at 110.17. We are looking to square up at 110.30 and the move to the downside tothe 0.786 Fibo at 109.56 and then on to the support at 109.00. The average daily true range (ATR) for the pair currently is 77 pips.