Maybe this will end up being filed in the 'failed bottom picking' bin
Was the move during the US session (the holiday session) the culmination of the up move for the yen (down for the USD/JPY)?
- USD/JPY dropped to circa 110.35
- On a holiday-thinned session
- after a 250 odd point plunge in the previous days
ForexLive trader thoughts, discussion welcome!
ps - yesterday from CA: Credit Agricole says USD/JPY "is getting into oversold territory"
