USD/JPY Busts 90.00

Instant run on stops to 90.13. EUR/JPY now up more than 300 pips on the session to 120.54. Not often you see moves that big in the FX market but 2013 has been a great year for volatility so far. The problem is that with such a massive move in one day you have the risk of a false breakout.

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USD/JPY Busts 90.00