Yesterday I spoke about how the effect of the crosses can hold up the Yen..

Today was a perfect example…Short everything (Almost all other currencies)/ long yen..

Hence the big price rejection off 82 Usd/Jpy…

I can’t help myself but to buy a little YCS on the close today..

I want to dip my toe in the water and start building a position.

When this turns nobody is going to be on board. YCS is a good alternative to just buying some dollar puts

on the yen.