Slips back under 80.00 this morning but meeting with some decent bids from Japanese names/importers around the Ichimoku tenkan line (79.98) just ahead of some reported sell stops placed in the 79.90/95 region. Further bids/tech support lie down around 79.80 (Nov 1 lows) and larger down at 79.50/60.
Topside offers start from 80.30 and trail up to 80.70 from exporters, with reported buy stops above and through 80.85, ahead of strong option related offers in front of an 81.00 barrier
USD’s trading around 80.02