jpyen - japans shipping port status, page-4

It is odd, only for the massive move in prior days. judging by the news of repatriation then of G7 intervention, both of which are carp ...

I'd say either very large buy orders sit just underneath or very large sell orders sit just over the top ... or both.

Don't kid yourself, the 3 day 1000 pip move was not a rational market. It probably scared a lot of retail and speculative traders.

Repatriation is yet to occur, and might come with a rush to get the most buying power. Don't forget these fund must flow 'from' somewhere.

These are trending times, since many trends are looking to try and turn around.