USDJPY jumps higher as European desks get underway

Asian range blown to the topside 31 July

After trading 110.30-60 for the Asian session it hasn't taken too long for European desks to test the topside and we've seen a move through 110.60 triggering a few stops to post 110.65 so far after holding 110.50 for a while.

Currently still underpinned at 110.60 there's more sell interest/res expected between 110.70-80 with larger at 111.00. Demand now around 110.50 building with larger at 110.30.

USDJPY

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