Perhaps I’m losing the plot as we all know that USD/JPY never moves and if it does, then it moves 400 pips in a straight line. Nevertheless, I’m hearing murmurs of some hefty selling interest and also of some significant stops below 89.15. I’ve also received a technical signal from a long-term player suggesting that we are soon to see a major 15% move lower in USD/JPY. Now that I’ve written about it, we’re probably damned to a 23 pip range for the day!