Some end-of-day dollar selling

  • EUR/USD has nudged back above 1.3215
  • The 1.3215/20 level corresponds with recent lows, may act as resistance
  • USD/JPY touching a session low of 83.34
  • Stops seen below 83.30

I badly want a big sell-off in USD/JPY so I can buy it at better levels. I’m holding on to the Japanese year-end repatriation story but with flows like that you never know how realistic it is. If Treasury yields keep falling, that would definitely help.

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