USD/JPY’s recovery is edging toward an important zone of resistance in the 82.15/20 area. Sellers remain in that region though there are trailing stop-loss orders in the 82.25 area.
Japanese sellers are noted at the 82.50 if we are able to trigger stops above 82.25.
President Obama is on TV announcing fresh infrastructure spending. (Wasn’t that what the first stimulus was supposed to be about?)
