JPY crosses remain on the defensive,............>

YEN: JPY crosses remain on the defensive, extending the downtrend through NY.

EURJPY eased to Y127.66, targeting a break of the Asia low at Y127.46, below

here opens a run at the Y127.00 level. GBPJPY printed 4-month lows of Y141.12

targeting a break of the Aug 21 low at Y140.67, below here opens the

triple-bottom support area at Y140.20/25, ahead of the ytd low at Y139.90.

NZDJPY dipped back under the 200-dma (Y75.76) to Y75.57, opening a move toward

the intraday low at Y75.24, ahead of the 100-dma & 61.8% retracement of

Y72.37-78.86 at Y74.98/85. AUDJPY printed Y79.45, next support is seen at

Y79.32/28 from the 61.8% long-term fibo of Y72.53-90.30 & Asia low, a break

opens the the Oct 26 ytd low at Y78.56. CADJPY touched 6-month lows of Y82.74

with bears targeting the Jun 25 low at Y82.17.