Trading for 4/3/14

Thursday:  4/3/14  Lots of support on NZD.  I will take the trade even at news time.  Expecting a bolt to the downside and then up from there.  My order will be in long at .8493  This is on a 4 hr chart so it could be in for a good ride to the upside.  I would look for a target of at least 80-100 pips.  It may not happen all today, but that would be a good target for the next two days.

USD/YEN:  2nd trade for today, we are watching the yen for an opportunity to short that as well.  Good entry above 104.10.  May get to 104.30 or 40

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GBP:  Will be a buyer at 1.6563

YEN UPDATE: I am in at 104.10.  will add at 104.30 & 40...Target  minimum:  103.80
I TOOK A 19 PIP PROFIT (ON 2ND ENTRY) ON THIS DROP.  WAITING FOR DOUBLE TOP TO RE-ENTER

YEN UPDATE:  2.50PM EST
If you are still short the Yen, I would get out now (103.87) or at least take half off the table. I'm out completely. Take your profits from 104.10 (which by the way was the very top at this moment (2.43PM EST)  It still looks like it could possibly break 103.80 but not by much..IMO