As I expected the majors, and Yen crosses are falling from their highs at the beginning of the year
The gains/profits have been immense at year's end and a correction seemed imminent
I believe that this (big) correction in yen crosses,
and the initial selling of Eur, Gbp, and Usd will lead to further downside this month
as retracement area's, and support area's are quite a bit lower than where most pairs stand today

Gbp/Jpy has support around 170, Eur/Jpy will find support around 142.5
Gbp/Usd could fall all the way to 1.61, Eur/Usd should find support here at 1.364
I expect Usd/Jpy to correct to 103.7 before another move up to 108

So, I have closed my short positions on these pairs for today
making a tidy profit of around 150k - I am happy to start this month off well,
as I feel I did everything wrong last month :-(

I wish you all lots of luch this month
and best wishes again -- happy NewYear!
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