In This Post Here I said that shortly after the Asian session opened I predicted that the Yen would weaken against Euro.
One thing to keep in mind is that 3 times in the last two days we have seen this pair not really break through the 100 hour moving average. Yesterday, at the beginning of the Asian session it fell through, and now we have seen the 100 hour MA set up as a resistance line.
If I am correct about the direction of this cross for the Asian session, watch for this resistance to either be confirmed or broken. If you enter a long trade on this cross prior to the 100 hour MA being breached, you may want a fairly tight trailing stop to protect profits.
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