USDJPY orders 20 Oct - Holding gains for the moment

Author: Mike Paterson | Category: Forex Orders

Currently 113.22 after dipping back to 113.15

US tax-led rally from 112.80 chewed through the 20-25 offers but sellers still lurking

We saw yesterday how fickle these markets are and yen demand returning in a rush so let's see what today brings. I prefer the rally-sell side still.

Offers: 113.30-35 113.50 113.75-80 114.00

Bids:  113.00 112.80 112.50 112.35 112.20 112.00