We hear talk of large stops below the 93.50 level but turns out they must have been jumbo. USD/JPY gapped down to 92.72 before attmpting to stabilize. Look for sellers on rebounds to the 93.50/60 area and short-covering above that level.
We hear talk of large stops below the 93.50 level but turns out they must have been jumbo. USD/JPY gapped down to 92.72 before attmpting to stabilize. Look for sellers on rebounds to the 93.50/60 area and short-covering above that level.
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