- On the topside good selling from 102.30 through to ahead of 102.50.
- 102.50 is said to be barrier option, then again at 103 (these things have been in all the way up)
- On the downside 101.70/80 bids but trading stops below mixed with more bids
- Bids are better from 101.50 and layered down from there
The pop above 102 has so far been met with profit-taking after the weekend news was supportive for a weaker yen (a ‘sell the fact’-type reaction).