AndyM

Carry-trade unwind, short USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
The move from 100 to 114 was corrective and is likely fihished. New lows are likely, 93..100 is the target region.
Note that at the same time EURUSD will move down into 1.00, and USDJPY will go down to 100. EURJPY target is therefore at circa 100.
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