Being told that there are some big machine bids (700+ mio) around 76.90; mind you in USD/JPY terms that’s not really that large in this day and age. Below that there are bids from 76.75 down to semi-official ones at 76.50., with some largish sell stops set on a break down of 76.45
On the flipside we still have a bunch of exporter offers to gnaw through around 77.00/10
USD/JPY’s sitting on those bids as i type
