USD/JPY sits at 80.56, any barrier option interest at 80.50 is now confined to the annuls of history.
A little birdy at a BIG bank has just opined that 80.95 (top of the weekly cloud) is an interesting level to watch today. A close above said level is seen as a SIGNIFICANT long-term reversal signal. I say sounds very exciting, hey what?
Worth bearing in mind I’d say.
