• EUR/JPY: Major technical resistance at 114.75 with heavy stops expected above there
  • AUD/USD: Dealers see .9725/50 as the looming pivotal level with heavy selling in this band holding prices down but a break above there could make a run to parity almost inevitable given the large optionality there
  • USD/JPY: BOJ expected to ‘defend’ 83.00
  • EUR/USD: Barrier option at 1.3650