FX_IDC:JPYUSD YEN / US DOLLAR
Be on high alert for a breakdown in the Yen ( long $YCS ) when below the 0.80616 level ( based on the September Contract Pricing $JY_F), and panic selling to set in thereafter when September Yen trade below 0.80483. Then, 0.77168 is wide open with a breakdown below that level likely anytime after Mid August 2015, leading to persistent CRASH of epic proportions. Be careful. Long US Banks and Technology and Short Yen is an interesting strategy for this upcoming environment. This trade idea could be best expressed using an inverse , with ticker symbol, $YCS.