A look at what's on the board today
- EUR/USD: 1.1300 (EUR 637m), 1.1350 (1.5bn), 1.1400 (593m), 1.1475-80 (745m), 1.1500 (1.6bn)
- USD/JPY: 111.25-35 (USD 1.0bn), 112.00 (885m), 112.50-60 (703m), 112.65-75 (2.3bn)
Not much else on the board that is too notable among other major currency pairs. Among the ones listed, do take note of reported barriers at 1.1300 for EUR/USD as well. Look out for the one at 1.1350 to provide a base for any move lower in the coming hours.
For USD/JPY, it's all about risk sentiment more than anything else but expiries may have a say in limiting price action and keep the pair around 112.00 as we move towards the US cash equity market open later.
For more info on how to use this data, you may refer to this post here.
