USDJPY orders 5 April - On the rise again for the moment

Currently 107.03 just off session highs on a combo of general USD demand and better risk sentiment

Yesterday I highlighted good buy interest at 106.00 and that line held well. Offers/res around 107.00 now history. Next line of offers into 107.30 and 107.50.

Some option expiry interest at 107.00 and 107.15 should help cap this latest rally. I will check later for updates.

I remain a rally seller/yen buyer up here and jobbing back in the dips for the moment

Offers: 107.15 107.25-30 107.50 107.80 108.00

Bids: 106.80 106.50 106.35 106.20 106.00

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