I am long at average around the 1.325 mark. Stop around 1.3219. Not seeing a direct shot down before maybe attempting 1.33 again. My EA's manage my trades (moves them to BE and manages trailing stops).
So previous YEN increases were for fake reasons? I would say decisive action means they are free to use intervention or not at their discretion.
It is still sitting outside the BB on 4hr chart. I think a slight retracement is in order before any continuation lower.
I would think the 118.75 low from 2008 holds for at least a retrace on its first attempt.