The short yen trade is 6 month old and over crowded. Look at gold, overowned and Goldman Sach came in bludgeoned the longs. With the low GDP number from Friday. Yen could rally further. I will buy back when Yen breaks 93.
Yen filled the April 5th gap at 97.06. That maybe enough. Kuroda printing more money the Bernanke, #$%$ debt to GDP twice as bad. Yen has no place to go but down. #$%$anese company earnings should be boosted. Borrow Yen, buy dollar, stock, bonds,gold trade is on.