Johanes

JLS Trade: Short Trade on USDJPY Target Zone

Short
Johanes Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
The USDJPY was limited for 5 % target zone and the pair turned to downward for estimated 5 % target zone and may align to downward based on USD-pegged pairs and JPY-pegged pairs alignment to downward of their target zones. At such, the short trade on USDJPY target zone could be wider than 5 %, below 107.00.

Stop loss placed on top of the 5 % target zone. Stop loss interior the target zone oftently managed by the market makers to be touched for their vested of interest, therefore by placing the stop loss on top of the target zone provide confidence on the stop loss will be less likely to be touched by the market makers.

Comment:
Global debt securities analysis is indicating that JPY-carry traders are disposing their investment from global market. At such, USDJPY may exceeds her 5 % target zone by align to downward for another 5 % of total 10 %.
Comment:
Comment:
Bearish at faster rate but slowing by AUDJPY for price adjustment to EURAUD
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