Comments on: JPY crosses: Light profit taking after big overnight moves https://fxww.com/jpy-crosses-light-profit-taking-after-big-overnight-moves/ The Professional Source Fri, 08 Mar 2013 01:46:07 +0000 hourly 1 By: zenfxtrader https://fxww.com/jpy-crosses-light-profit-taking-after-big-overnight-moves/#comment-17201 Fri, 08 Mar 2013 01:46:07 +0000 http://fxww.dreamhosters.com/?p=6139#comment-17201 Sean, any flow info in the yen pairs? Thanks.

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By: Sean Lee https://fxww.com/jpy-crosses-light-profit-taking-after-big-overnight-moves/#comment-17199 Fri, 08 Mar 2013 01:21:50 +0000 http://fxww.dreamhosters.com/?p=6139#comment-17199 Not hearing much in terms of orders Zen but technically a weekly close above 9500 would suggest another sharp rally to 10150? I think there was some really heavy wood chopped to get through the barrier at 9500 and that’s why the mkt had to take a breather

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By: zenfxtrader https://fxww.com/jpy-crosses-light-profit-taking-after-big-overnight-moves/#comment-17197 Fri, 08 Mar 2013 01:13:57 +0000 http://fxww.dreamhosters.com/?p=6139#comment-17197 Sean, it was mentioned here about a week ago that a break of 95 would lead to a huge cascade of stop loss orders and USDJPY should fly beyong 95. Last night’s action was just a whimper. What’s your take on this level?

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