It's been another good session for yen pairs 2 May
"Sell in May and go away" is the expression and so far it's been all about selling the yen.
I never stand in the way of a moving truck.. Far too silly.So I'm sitting on my hands still and happy to be a typist and see what happens.
6-week highs of 112.31 posted and currently 112.28.
Offers/res at 112.35 and 112.50 the next targets. Demand into 112.00 and 111.80-85.