BUY USD/JPY at 76.00, stop loss at 74.90 - look towards 80.00
- Current account support for the yen is disappearing - Japan reporting its first annual trade deficit in 30 years.
- Japan shutting down nuclear facilities, will likely have to keep importing energy - ie. deficits
- Bank of Japan indicated it wants to invest overseas - ie. buying foreign currencies
- Japan's Debt-to-GDP is 200%