Dollar/Yen chart update. The USDJPY currency pair is threatening a move to the 92.50 area previous support level as the corrective move lower has gained momentum. The dollar has lost almost 10% since May 22, when it hit a peak around 103.74 yen. The latest COT data shows large specs at the Chicago Mercantile Exchange had cut their long USD wagers by around 30% on the weekly basis. Traders likewise cut the net short JPY bet by 13% on the prior week to record a $9.5 billion position as of last Tuesday. Price had found resistance this week when testing the Senkou span A level on the 10/6/13. This is an element of the ... (full story)