It had been down 7%
Can we complete the comeback?
The Australian dollar is now down just 79 pips against the yen at 75.27. It fell as low as 70.64 in the incredible flash crash earlier but it's clawed back nearly all the losses.
I was closely watching the 61.8% retracement as it fell and as it rebounded and that's been a great guide in the post-flash trade.
I mean, at this point it has to complete the comeback, right?