The Yen move is mature, meaning it’s moved 1000 pips since the end of Sept.
800-1000 points is a big std deviation move in the currencies.

It’s very oversold and in need of a rest.

Sustained price action over 119.92 in the futures day session will run some of the shorts
out. (App 83.38 USD/JPY)

The side effect should be to put some downside pressure on the Euro from profit taking in
EUR/JPY.

EUR/JPY…108.62 becomes a key level for today.