Nikkei 225 getting wrecked right now
If this bleeds more, Japan's gonna be forced to dump $USD to prop up the yen. Can't ignore that.
Chart breakdown:
• Broke below 61,150
• Sitting on 200-day EMA (~60k)
• Next support: 56,200
Falling equities + weak yen = pain threshold for Tokyo. MoF will step in and sell USD reserves if this continues.
Watch the yen. If Japan intervenes, liquidity could shift fast. Risk-off across the board.
If this bleeds more, Japan's gonna be forced to dump $USD to prop up the yen. Can't ignore that.
Chart breakdown:
• Broke below 61,150
• Sitting on 200-day EMA (~60k)
• Next support: 56,200
Falling equities + weak yen = pain threshold for Tokyo. MoF will step in and sell USD reserves if this continues.
Watch the yen. If Japan intervenes, liquidity could shift fast. Risk-off across the board.
