There is a huge amount of USD/JPY selling to be done at 120
Now … read this:
The value of knowing where the orders are
You’re welcome.
–
ADDED …
OK, so I’ve never seen a Retweet so fast … and from such a knowledgeable source, too:
Jim Vrondas knows his stuff. You can take that to the bank (actually, take it to OzForex – you’ll get a much better rate).
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