For the USD/JPY … there has already been some early talk of these being levels to buy in USD/JPY, but the market is waiting for the Tokyo Stock Exchange open to get a gauge on how they will react – if the Nikkei starts to see renewed selling then buyers will hold off on USD/JPY.
I’ll be back with the orderboard for USD/JPY (wish I had an orderboard for the Nikkei :-D), un til then, tech levels:
Resistance:
- 98.40/50
- 98.05/15
- 97.60/70
Support:
- 96.85/95
- 96.50
- 95.90/00
