It's all about the yen again this morning.
USDJPY and yen-pairs generally are the drivers this morning and we're seeing some good two-way business in tight ranges.
Earlier failure around 109.00 caused some decent selling helping to cap core pairs but yen sellers have got the flavour and the upper hand again for the moment.
Currently USDJPY 109.12 after taking out decent supply and now targets 109.30-50 where we can expect good sell interest.
AUDJPY found demand into 83.30 as per my earlier post and now back up to 83.60 but USD demand generally is capping AUDUSD rallies still with good option expiry interest today at 0.7700 for those just joining us.
EURJPY demand into 123.30 still providing a good platform and we're back into the 123.80-124.00 resistance area.
