The USD/YEN seems to have rejected the 100 level yesterday hence forming a pin bar which came in after an inside bar formed last week on friday.The rejection is on two confluence areas that is the down trend mini and the resistance level of 100.
I have taken a short position at 99.722, stop at 100.49(76.8 pips) and the target is 98.286).Looking to gain a 1.2 ratio.Trying what have learnt as per price action.