Today the JPY continued down against both the pound and the Euro. My account has gotten a bit hurt by the development for the week, but there is still some hope. In the graph the JPY still looks good. The main question is how long up this reaction will be before the Yen starts its move up again. The EURJPY went up today on lower volume and there is still a good possibility that we will get a resumption of the down-trend already tomorrow. The GBPJPY has gone up three days now, but each day with even lower volume and this is a signal for me to go short in it again. I have been a bit impatient this week but I believe the down-trends are to continue before the week is over.
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