USDJPY orders 19 May - Dip demand noted but sellers lined up still

Author: Mike Paterson | Category: Forex Orders

Currently 111.42 trawling along session highs

Dip demand notable so far as Nikkei 225 trades up through 16000 and now up +0.4% on talk that the BOJ have been in buying ETFs

Sell interest between 111.50-60 then 111.80-112.00. Demand again into 111.00 and 110.80

I remain a rally seller.

Offers: 111.50 111.60 111.80 112.00 112.30 112.60 112.80 113.00

Bids:   111.20 111.00 110.80 110.50 110.30 110.00