EUR/JPY runs into offers ahead of 118.00

For how long i don’t know but the o/n high of 118.20 failing to be breached despite officials comments on the yen weakness.

Offers starting now from 117.90 through to the Asian high , with buy stops just above through 118.25.

Bids remain down at 117.00/10, with talk of sell stops through 116.80/85 (118.84 tenkan line) ahead of bids 115.50/60.

Cross sits around 117.84

Best in 2026

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