With Japan off on holidays today, USDJPY will be quiet. There are standing orders that have been left by Japanese corporates which will limit moves. USDJPY tends to be a slow grind at the best of times in Asia and today will be no different. As per the last few days, exporters are sellers towards 93.00 and only above that do we see stops come into play. 91.80-92.00 is well supported.
Chance to test 93.00 tonight but unlikely in Asia today.
