ICYMI, Adam had the breaking info:Japan intervened in the forex market - reportThe new strategy appears to be to wait for help -- this time from US data -- and go with the momentum.Going with the flow worked out well this time, its created a bit of a 'gap' now. 159-161, give or take. Recent months have shown that gaps like this hanging overhead get nibbled at. Will it be any different this time? There does seem to be a broader move into the USD, so its likely to be hard going. Anyway, more on the intervention:Japanese media (Mainichi) says it confirmed the intervention with an unnamed Japanese government official.I've marked the gap - I think the kids call these FVGs now? Let me know in the
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