Currently 105.55 after failing into 105.30
Some option related support at 105.25 and 105.50 again to help underpin but sellers still poised between 105.80-00. Year-end yen repatriation also still in play albeit to a lesser degree given Japanese companies have been on the case for a while now.
Good two-way opportunities in tight range still.
I remain a rally seller/yen buyer and jobbing back in the dips. Yesterday I suggested a sell between 105.80-00 so I hope some of you took heed.
Offers: 105.65 105.80-85 106.00 106.20 106.35 106.50
Bids: 105.35 105.20 105.00 104.80 104.65 104.00
