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Thread: USD/JPY Put

  1. #1
    Veteran Member Ammeo's Avatar

    USD/JPY Put !!!

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    <p>Man, Usd/Jpy is getting killed...</p>
    <p>&nbsp;</p>
    <p><a href="http://www.zerohedge.com/news/2014-01-02/usdjpy-slumps-most-4-months-nikkei-futures-tumble-450-points" target="_blank">USDJPY Slumps Most In 4 Months As Nikkei Futures Tumble 450 Points</a></p>
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    <p><a href="http://www.orderflowtrading.com/ForexNews.aspx" target="_blank">USDJPY &ndash; Testing recent lows at 104.15.. below the sell stops of 104.10 are bids at 104.00</a></p>
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  2. #2
    Veteran Member Ammeo's Avatar
    UJ at mid channel right now could be resistance 104.84 doubt well see 100 unless it really breaks this channel hard and panic selling comes in

  3. #3
    Specialist Member RCox's Avatar
    A reversal back to 100 would be drastic, I don't see this happenening -- especially against the Dollar. The USD is too far oversold at the moment, that much weakness is unlikely.

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