A very busy USD/JPY market since the GDP results. A lot of profit-taking being seen, even as it dropped from the highs.
I don’t have a EUR/JPY orderbook, but here’s the USD/JPY, FWIW (its all very fluid out there at present):
- Sellers 117.10/20/25 (but smaller than they were as the profit-takers hit bids on the way down from the highs)
- Buyers start again 115.70/80/116.00 – stop loss sells below 115.95
