The Nikkei 225/USDJPY correlation continues to play out 25 April
News of N Korean missile launches has done little to dent the solid recovery previously seen in USDJPY from 109.60 to post 110.17 and we're currently holding most of those gains but just dipping to 110.05 as I type.
Nikkei up +0.8% at 19019.94 just off its own session highs at 19053.82 as we head into the final hour.
Expect offers/res between 110.20-30 then 110.50 with some bids/support around 110.00 but larger interest at 109.80 then 109.60
