USDJPY orders 27 Feb - Underpinned but sellers lurking still

Currently 106.97 after finding support around 106.80

106.50-107.30 covers it for the moment again. I still prefer the rally-sell/yen-long side

No options of note today but yesterday's at 107.00 certainly helped to contain rallies, quite apart from month/year end repatriation flows.

Offers: 107.00-05 107.20 107.30 107.50 107.80 108.00

Bids: 106.80 106.65 106.50-55 106.30 106.00

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