USD/JPY has held up in US trading after Asian tumble
The beating in US stock markets hasn't helped sentiment but it hasn't particularly hurt USD/JPY. It's down a whopping 106 pips on the day to 116.58 but, all things considered, that's not bad.
Bids:
- 116.20
- 115.98 - intraday low
- 115.86 - Jan low
- 115.80 - big stops below
- 115.57 0 Dec 2014 low
- 115.50 - strong demand, more stops below
- 115.31 - Nov 2015 low
Offers:
- 117.00 - small offers
- 117.28 - technical offers
- 117.50 - medium offers
- 117.69 - today's high
- 118.00 - offers on approach
