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Good bids seen but USD/JPY shows no signs of rebound

Wednesday, February 25, 2015 9:15 AM UTC

Exporter selling (spot value month-end) outweighs Gotobi demand
Very thin daily Ichimoku cloud 117.96-118.06
Thin clouds usually attract
Exporter offers seen around 119.00
Trader stops under 118.50
Hourly Ichimoku cloud weighs, at present around 118.93-119.19

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Good bids seen but USD/JPY shows no signs of rebound

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