USD/JPY Today

The weekly USD/JPY charts suggest the current rally is running out of steam, says Trader. She looks for more signs of topping Monday, with a drop below the recent low of 91.00. For a strategy Elliott favors selling at 92.25, adding at 93.00, with a stop above 94.00 for short-term downside targets of 91.25, 91.00 and then 90.00. USD/JPY now trades at 92.35.