I thought I posted this earlier but it didn't print for some reason. I can't help but see the three wave rally that unfolded from the lows. Risk is clear above the corrective rally peak (stop loss at 101.35). However a break of 101.05 would bring strong caution and I'll be looking at the EUR/USD's move in response to the USD/JPY breaking 101.05 to see if the dollar is rallying in 5 waves and establishing new lows against the euro.

Bottom line: I'm short again at 100.56 against 101.35, but might exit early on break of 101.05.