4hr MJY1! 8/7/16

This is the futures of USDJPY, which is JPYUSD. The spot price, USDJPY, is the inverse of this chart.

Great short for this pair, which is long USDJPY. Should see a minor low, .9250 is my tgt area currently and once this is achieved we should reverse and rally. When MJY1! is at .9250 this would be a great short in USDJPY.