Japanese equities lower as yen strengthens 7 Feb

  • Topix -0.28% at 1516.15
  • USDJPY 111.81 after earlier rally failed into 112.00

Expect decent offers/res at 112.00 with more at 112.20 then 112.50 which has proved pivotal in recent times. Demand 111.50, 111.30 and 111.00

I remain a rally seller.