JLS: JPY-Pegged Pairs Price Trends

JPY-carry traders out of the market by unhold USDJPY 110.50 to lead the JPY-pegged pairs (USDJPY, NZDJPY, CADJPY, AUDJPY, GBPJPY) to donward price trends to their lower ceilings.

It is possible to see "deep drop" on those pairs in the near.

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This is the price trends I trade until they reach their lower ceilings by multiple tranches.

I prefer to trade price trends to which direction the basket prices to move rather than temporary bullish and temporary bearish.

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Let's wait the deep drop for profit taking

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ESTIMATED LOWER CEILINGS:

GBPJPY: 128.00
NZDJPY 68.00
AUDJPY: 70.00
CADJPY: 75.00
USDJPY: 107.00