Sorry - Re. USD/JPY i meant breakout within next 8 hours not 2 hours.
Yep re HK - very good point. As farsight I think mentioned yesterday big falls to come if it fails to hold 28500 - to IMO 26800-27000. If Nikkei and HK were to both breakdown through support would be very interesting.
Bit strange I find though that China and HK both been steadily declining for the last week or so and despite us following their coattails on the bounce we really have ignored them so far on the way back down.
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