 The flight into the safety of the JPY is continuing with the USDJPY moving lower as stocks keep most of their declines. Looking at the hourly chart, the USDJPY tried to extend above a swing area going back to November 28 between 137.48 and 137.85 and the 50 of the range since November 21 during trading yesterday, but failed. It was about USD buying yesterday despite stock declines. Today the focus seems to be more on the risk off flows flight to safety of the JPY. That is the st... 