USD/JPY having opened a little easier in Europe, is seeing steady trade early, presently at 88.35 having closed out in North America Tuesday up around 88.55.
Expectations Kampo will now be lying in wait down around 88.00. Also talk of buy orders lined up just ahead of 88.00 barrier option interest. Decent-sized sell stops said to be gathered just south of 88.00.
On topside, talk of sell orders at 88.50, sorta size unknown (ie. they might not offer too much resistance if USD/JPY turns higher.)
