Currently 120.30 having enjoyed the late Chinese equity market rally but offers into 120.50 stalling further gains. Option expiries at 120.00 likely to be defended. Reports of $2.8bln expiring tomorrow at 121.00 should counter.
Offers: 120.50 120.65 120.80 121.00 121.25 121.50 121.80 122.00
Bids: 120.00-10 119.85 119.65 119.50 119.30 119.00 118.85 118.50
