Disliked{quote} It was a joint intervention and as far as I can remember, ECB was accused of having a part in it. One intervention began right after London closed and one on London open. We will be seeing USD/JPY above 150 really soon according to my charts. In my opinion, Japan will wait for the Fed to get out of the picture before they intervene. So, basically after Fed is out of the picture, it's time to put Sell Stop orders and wait.Ignored
Do you actually believe, think or envision the FED being out of the picture ever?
You may get a respite where it is unlikely that the FED will intervene in the short term as a best case, but they will never be out of the picture.
1