Here is why USD/JPY big upside move is already behind us – Nomura

This will have been noted in Asia

USD/JPY down at 87.85 from a North American close Friday up around 88.15 and an overnight high of 88.37.

Talk of sell stops through 87.50.

EUR/JPY down at 114.45 from a North American close Friday up around 115.25. Talk of sell stops through 114.00 and more through 113.80.

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