What? A post that doesn’t involve the dreaded “P” word or the G*P currency tag?
Yep, looking aound we can see some decent retracement in EURJPY in this session after a wobbly start that saw both core pairs lower but now we near session highs of 136.36 after Asian lows of 135.82. More offers at 136.50, 136.75 and 137.00 should cap further rises
USDJPY is up near 105.27 session highs after holding onto 105.00 earlier while EURUSD has found its rally from 1.2930 capped but still finding bids in the dips
Ok so the rally in GBPJPY ( damn, I mentioned it after all) from 169.34 lows to 169.94 is undoubtedly having an effect but let’s not forget what else is going on out there.
EURJPY 4 Hour 8 Sept
