Yen

The March yen is trading in a sell zone, currently 1.1115, and a short trade can be made today if it firms up to 1.1145 with a 60 point stop and intitial target of 1.1030.  Also,  March Yen puts are trading at much cheaper implied volatility levels than the calls.  Buying March 1.0500 puts, currently around 80, would be an alternative way to play it. 

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