Japanese PM Abe will meet with EU officials in Brussels on Thursday
- EU confirms the visit
- expects political agreement on free trade deal
Meanwhile USDJPY 112.89 on session lows after the retreat from 113.47 and a more rapid decline from 113.20 since Europe started to stir amid news of another N Korean missile test.
Demand/support expected into 112.80 then larger at 112.50-55. Sell interest now 113.20 and 113.50 still.
Nikkei currently down -0.3% at 19997.02 from 20197 highs this session
Keep enjoying this two-way business. My preference continues to be selling the rallies but equally you can buy the dips.
As always timing is everything for entry.
USDJPY 15m