A post-data jump in USD/JPY broke through offers at 99.50 and popped to 99.62.
That clears out most of the near-term orderboard. The focus now shifts to 100.00 and offers protecting the big figure.
I look to technicals at this point and if USD/JPY closes above 99.34 there is a massive bullish engulfing candle reversal on the chart.
EUR/JPY, meanwhile, looks like it wants to go stratospheric after busting through the annual highs.
