USD/JPY up at 85.78, catching a bit of a bid as we head into the weekend. Caution surrounding possible Japanese stimulus measures is helping to underpin the pairing. And we haven’t got any US economic data today to drive US yields lower.
Yesterday was getting reports of sell orders clustered up at 85.80/00 and have no reason to suppose they’re not still there. Above there more sell orders noted around 86.30 before buy stops through 86.35.
