- USD/JPY: The big level to watch today is the recent low just above 83.50 and dealers expect some actual intervention this time. If it doesn’t eventuate, watch out for big stops below.
- USD/CHF: Next major option level is 1.0000 which will be defended. We can expect more big stops below there.
Thanks to Dave who will cover for a few hours this morning while I attend to some family matters.
