Here are some quick charts:
EUR/JPY hugging (below) 200 day SMA and rejecting down trend line.
AUD/JPY failure at very important resistance
GBP/JPY lower high and rejection at key resistance.
NZD/JPY multiple rejections at same resistance levels.
Blake Morrow
Chief Currency Strategist, Wizetrade
Disclaimer: I have started to get long JPY on some crosses
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