USD/JPY is trading firmer this morning, presently at 95.15 from an early 94.85.
I heard earlier that there were sell orders lined up at 95.00 up through 95.20, which seem to have offered some resistance so far to accelerated upside.
Also we’re approaching an interesting level, namely 95.30. This is where China was last week said to be lined up with a selling interest.
Trailing technical support 95.00/05, resistances 95.30/35 and 95.55/60.
EDIT: Another source reports offers 95.20/30, so offers up to 30. Not surprisingly, buy stops said to be gathering above 95.30.
