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USD/JPY contained well, large expiries, volumes under pressure

  • Pair trails Nikkei, 118.24-118.65 range today, 118.11-88 yesterday

  • Technical support at 118.10 (61.8% of 116.64-120.48). Stops seen sub 118.00

  • 200HMA initial resistance 118.67, before daily cloud top 119.06

  • No size expiries today but large Wed/Thurs

  • Suggests volumes giving up post NFP gains as range holds 

 

  • Market Data
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