USD/JPY finds support at the big figure
Yesterday USD/JPY couldn't climb above 109.00, today that level is offering support.
Bids:
- 109.00 - bids small but building
- 108.75 - European low
- 108.10/00 - Bids nearby
- 107.77 - April 18 low
Offers:
- 109.50 - Japanese exports said to be sellers
- 109.73 - April 15 high
- 110.00 - medium offers
- 110.50 - option-related offers
- 111.00 - modest offers
Prices moves have quieted in the past few hours and risk trades have recovered from the midday wobble.
