USDJPY: Pennant turned to Bull Flag

JY depreciation starting to accelerate dramatically! If we see a further decline on US open today, we should reach 110 by tomorrow. Till EOM BOJ Meeting there is enough time for further depreciation. If rumours (new easing Volume of about 2% of GDP) are correct and BOJ does not "disappoint", we will get a really fast move back to 120-125 Region. WATCH OUT for Gold/Miners (down) and SP500 (up)...