Will reduce US assets to ashes (or something like that)
The USDJPY is tumbling lower on chatter about N. Korea. Stocks have also moved lower with the Dow down -71 points, the S&P down -6.5 points. The Nasdaq is still up 5 points buy trading at the lows for the day. Gold is still down -$5.84 at $1220.48
The pair has moved from 114.22 to 113.76. The 200 bar MA on the 5-minute chart comes in at 113.80. A move below will target the 113.585 retracement (38.2%) of the move up from yesterday's low.