JPY crosses

Early Tokyo bashing Yen crosses

EUR/JPY is down 80 pips in the last 30 minutes and it looks like the long liquidation of Yen crosses is just getting started. The overnight low at 127.50 is the obvious bear target but selling rallies still the obvious play.

  1. crazy moves! @ Leo feels like we have bottomed. made back what i lost trying to fight the trend. so i may call it a night as it is 10:35 PM NY time

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