History doesn't repeat, but it rhymes. Guess the JPY will further fall on the long run. Especially since BOJ wants to see some money now... after several years of free money. Guess the first drop were liquidations that were pretty tight. Next wave of liquidations will follow. Especially if interests rise again. On the long run. YEN is not sustainable... long till...
It's not really trading... TimeFrame is too Large. Guess there is a retracement until media call it dead - then some slow moves before it moons again... well let's see what happens. I guess I won't see my 9000$/BTC.. well... Surely better than hodling $.
What do you think will happen to EurUsd if US defaults on dept? Do we see a huge short term spike? Or just a slower move?