USDJPY Pre-Bernanke Wedge Setup

١٧ يوليو ٢٠١٣

I like this wedge pattern that is forming on the yen. I will look to play a short position If we get a 5 minute close below 99 after Bernanke delivers his semi-annual policy report at 1230GMT. I won't necessarily play a break to the upside, but that is also possible!