The USD’s still chewing through offers, as both it, and the EUR/JPY re-target Asian highs of 81.44 and 104.32.
There’s some talk of possible buy stops now suggested up in the cross through 104.30 ahead of the next high of 104.59 (Oct 23), and the 61.8% fibo retracement of the March21- July 24 fall which comes in around 104.82
USD/JPY’s in the thick of exporter offers ahead of 81.50 and yesterday’s 81.59 high. Barriers await just above at 81.75 and again at 82.00, with likely stops above both
USD’s at 81.32 with EUR/JPY around 104.15
