The market seems to want to buy the JPY against everything this morning, even if it has been in an orderly manner. The JPY crosses across the board are on their lows for the day with the USD/JPY edging closer to that 97.50/60 region. Once again, this also represents the base of the bull channel and the 100 DMA as well as being a triple bottom so if it gives way i am expecting something decent and will be targeting the 96.00 level intially and then 94.00 beyond that.
