Currently 106.36 going nowhere fast
A good line in the sand at the moment around 106.30 possibly defending large option expiry interest at 106.00 today as we've warned already this week. 107.00 interest will help cap though.
If 106.00-30 does give way there's good interest still into 105.80. Offers/res around 106.60 with larger between 80-00.
I still prefer jobbing from the USDJPY rally-sell/yen-long side but with a nod of caution to a potential knee-jerk after FOMC. Will be poised still for a fade from current levels with greater interest between 106.80-00
Offers: 106.60 106.80 106.95-00 107.20 107.50 108.00
Bids: 106.25-30 106.00 105.80 105.65 105.50 105.30 105.00
