JPY outlook: Selling short-term rallies in Yen crosses is preferred strategy

AUD/JPY looks to be in retracement mode and we could see a deeper dip towards 91.40 (see chart);
EUR/JPY also looks susceptible to a deeper retracement towards 131.50 or even 130.50 (see chart);
Positioning is the main factor for me in USD/JPY and with the market sitting long and momentum waning, I see a danger of a downside clean-out back towards 95.00.