USD/JPY looking very soft as crosses turn south
- Market is already quite long of USD/JPY according to most reports;
- EUR/JPY turned sharply lower yesterday after touching 140 and now it’s the turn of AUD/JPY to fall;
- More losses likely in the short-term in USD/JPY from it’s current levels near 102.35 imho;
- Market to target stops below 101.90.