YUK (USD/JPY): further USD decline expected
Pivot: 79.8
Our forecast: Down move towards 76 or even 75.
Comment: The pair remains under pressure and is challenging its previous low.
To leverage our Trend Opinion on Japanese Yen, we can use different options:
1. Buy YUK Sep 11 77 PUT
1. Buy YUK Sep 11 79 PUT
1. Buy YUK Oct 11 76 PUT
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