107 cracks in USD/JPY, and 1.2700 in EUR/USD

Author: Eamonn Sheridan | Category: News

107 has broken in USD/JPY, EUR/USD up through 1.2700 also.

‘Bout time we got some movement in (very) early Asia.

USD/JPY:

usdyen

Early resistance now 107.00/10 until we start to get some decent liquidity returning once Tokyo get active after Monday’s holiday

EUR/USD:

eurusd

Huge run higher, 50-odd points in just a few minutes.

Nope, no news on the wires – the market just moving how it should move when liquidity is very thin!

 

 

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