No charts at present.
But usdjpy would appear to be a screaming buy at the moment.
I don't trade USDJPY, it is like watching treacle on a cold day. But bottoming out, threat of more intervention coming from BofJ, and now latest trade figures are terrible.
Rate decision this afternoon, upcoming govt approval to increase the 'war-chest' for interventions (!).
Long-term target over 2012 would appear to be much higher than 80....
:)
