A good day at the office for the Nikkei and yen pairs 10 March
USDJPY now posting highs of 115.43, not seen since Jan with Nikkei up +1.5% at 19,619
Each pulling the other up as we head into the Nikkei close and wait on NFPs later.
I sold into 115.00 yesterday as promised for a few pips on the retreat but have left it alone since. No point standing in the way of a heavy truck moving at pace.
Will re-appraise after NFPs or before if a decent opportunity arises. Next line in the sand 115.50-60
