Steady as we go for the moment again for USDJPY 3 April
Currently 106.17 and tightly bound after the early Kuroda-led dip into 105.75-80 where I warned of decent demand in the order board post. I hope some of you took advantage.
Looking underpinned but still ranging overall with initial offers/res between 106.20-30 and larger around 106.50. Demand still between 105.75-80 and 105.50.
No option expiries of real note today.
I still prefer playing/jobbing from the short side and will continue to sell rallies/buy back in the dips until otherwise persuaded.
USDJPY
