USD/JPY, stop loss hunting or BOJ intervention?
While I am writing this analysis I see that the pair is sharply rebounded from the 110.60/70 area, in this moments back to 111.60 in a matter of few minutes. We could say that the stop loss hunting mission is completed or the BOJ is realy intervened. Let’s see what will happen next?
Nasty games in the market as you said before.