Yen Collapse Exhausted for Now?

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Just so we can all take a break from obsessing over NetFlix…….I wanted to point that that the USD/JPY, in spite of the G20 news this weekend, seems to have double-topped.

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In turn, I think the ungodly-oversold FXY (the Japanese Yen Trust ETF) may finally, at long last, be due for a nice bounce to something like $104 or thereabouts.

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