Both USDJPY and the Nikkei 225 gently underpinned 20 Feb
USDJPY currently 113.12 and has now found a bit of support at 113.00 after a retreat from 113.20 following the early dip into 112.80.
Nikkei 225 currently +0.17% on the day at 19266.76 also just off session highs as we head into the close.
Quiet session but one helping to put a base under the other after Friday's fall from 113.50 to 112.62. 30-year JGB yields rising to highest level in almost a year.
I remain a USDJPY rally seller and would expect offers/res now between 113.20-30 with larger at 113.50. Initial demand 113.00, 112.80 and larger at 112.50.
