USDJPY runs into fresh supply after strong rally

A good session from the Nikkei has seen USDJPY rally from 121.60 to 121.95

Good supply/offers into 122.00 has seen a return to 121.80 with the Nikkei also in retreat from its 19.054.89 highs

Expect demand into 121.60 again

Nikkei still up +2.59% into the close

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