USD/JPY has been persistently range-bound for over 10 days now … 81.70 to 82.80, give or take a couple of points.
Looking at some levels:
- 83.00 talk of barrier option here
- 82.83/88 recent range high will be a resistance area
- 82.70/75 some offers here
- 82.62 was yesterday’s high
- 82.20 (last nights low)
- 81.70/80 the area of the range lows will hold bids – stops below to 81.60 where some support should again come in
