USDJPY finding support this session 5 March
Large expiries at 105.50 today, tomorrow and Wednesday
Currently 105.65 after finding support early in European trading at 105.35. Rallies being capped by ongoing year-end yen demand and global trade war fears.
Expect good sell interest/res between 105.80-00 .Demand at 105.30-35 with barrier option related support at 105.00.
Cable supply around 1.3830 with large expiries there today too.
Remember these are vanilla options and in play right up until expiry even if breached in the meantime unlike barrier options which cease to be once broken. Barrier Options still live:
- EURUSD 1.2600
- USDJPY 105.00
For more info on how to use this all data, please refer to my post here.
