On May 7th we identified a bullish signal for USD/JPY and since then we reached our first target. However, this week, our USD/JPY trade reversed back below the Ichimoku cloud. With political tensions intensifying in the US, and Japan printing better-than-expected GDP results, it is time to conduct yet another IDDA to help you develop a trading strategy for this naughty forex pair. After the massive sell-off on Wednesday, the USD/JPY pair opened below the daily Ichimoku cloud on Thursday's Asian session. It quickly corrected back towards the key pivot of 111.68, and then consolidated. Based on our Ichimoku Secrets ... (full story)