USD/JPY under some pressure and in range of yesterday’s post-claims low of 79.43. Stops below there with bids also ahead of an option barrier at 78.25. A break below 78.00 would get the MOF’s attention.

AUD/JPY looks like it could be in for a round increased volatility. Today’s failure at the 100-day moving average raises the potential for a sharp decline if bids around the 200dma give way.