USD/JPY grinds higher…

Hit a week’s high of 80.34 just now just short of the Oct 25 high of 80.38.

Offers from exporters, electronic co’s and the likes run up to 80.50 which may hold a barrier with possible buy stops just above. tech res above comes in around the 80.63 highs of June 25 ahead of further offers towards 81.00.

Support is building now in the 80.00/10 area from importers and Swiss names

USD’s trading around 80.32

Featured Videos