USDJPY orders 6 Feb - On the rise again but sellers poised

Currently 109.20 near session highs

USDJPY lower again amid yen demand on global/market fragility. A view I have held for a long while now as regular readers will know.

108.50 the target line in the sand and now hit. Decent recovery since as equity futures rally.

I've taken some more profit off the table below 108.80 but remain a rally seller and playing from the short side.

Offers: 109.30 109.50 109.80 110.00 110.30 110.50

Bids: 109.00 108.80-85 108.45-50 108.30 108.00

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