JPY crosses: Prefer to play from short side today

  • The AUD and NZD continue to look very soft, falling despite rising commodity prices;
  • EUR/JPY short-term technical resistance at 136.00;
  • USD/JPY still stalling around 13-year highs near 124.15;
  • Risk-off Friday in Asia?

I prefer to play both EUR/JPY and AUD/JPY from the short side today.

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