JPY Long Looks Good, But Risk/Reward Limits Trade Opportunities

[B]My picks:[/B] Long JPY
[B]Expertise:[/B] Fundamentals Combined With Technicals
[B]Average Time Frame of Trades:[/B] 1 Day - 1 Week

The JPY has yet to lose its inverse link with equities, and the DJIA push below 8500 bodes well for the low-yielder, especially against EUR. That said, risk/reward potential doesn’t really provide any great long-term trading opportunities, but I plan on selling bounces in EUR/JPY on a short-term basis.