Being told of a cluster of bids around the 76.75 level of several 100’s of dollars. Looks like this could be a first line of support, with another source suggesting some possible semi-official buying interest down around 76.40/50.
Not much on the topside ahead of resistance towards 77.80/90 (Fri NY high 77.86)
The dollar continues to be loaded down by waves of EUR/JPY selling from model accounts, but these guys can turn quite quickly.
EUR/JPY’s bouncing from recent 10yr lows of 103.90, around 104.50 now
