There’s a bit of talk around about the USD/JPY having a retest of 88.50 … I think that’s called ‘recency bias’.
- 87.55 has been the high, there is offering interest there and above through to 87.65.
- More offers around 87.80 and up through 87.90/95
- On the downside for the afternoon, support now at 87.15/25.