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USD/JPY dipped this afternoon to 123.94 as impatient longs bailed

Japanese importer and investor bids again tipped in bounce Pair currently trading around 124.20, high early 124.34 Large option expiries and KOs still at 124.50, more KOs at 125.00, stops above Techs favorable and suppor…

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  • Japanese importer and investor bids again tipped in bounce

  • Pair currently trading around 124.20, high early 124.34

  • Large option expiries and KOs still at 124.50, more KOs at 125.00, stops above

  • Techs favorable and supportive, overbought conditions abating

  • Support is seen at 123.61-92 and 124.14

 

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