USD/JPY is marginally firmer in early European trade, presently at 98.70. Sources report a plethora of orders lined up either side. On the downside, buy orders said to lie at 98.30 with stop loss sell orders gathering just below. Then there are said to be more buy orders down at 97.90/00.
On the upside, sell orders seen lying at 98.90/00, with buy stops said to be gathering up in 99.15/20 area.
