USD/JPY – market chatter

  • Talk is the bids at and ahead of 100.00 are option-related and the 100 level will be defended by buyers.
  • Also, stops losses said to be building between 99.75 and just under 100.00
  • More option-related buying to be done 99.75 (and on the topside 100.90 and 101.00 option-related selling)

This is the market chatter round the place.

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