USDJPY forex market orders
As the dust settles the order boards a regrouping. Here's what's about right now
USDJPY
There's strong offers at 121.60, probably still related to the exporter offers noted yesterday. The 121.50 barrier has gone and the next one is at 122.00 along side more heavy sell interest and stops on a break. Then it's 122.50 for more of the same
Bids start at 121.00, then 120.50/60 via importers
EURJPY
There's offers building at 134.15/20 then at 134.90/135.00 and 135.50
Bids are modest at 133.50 with stronger at 133.00 with stops on a break. Strong bids and stops lie at 132.50
Any more orders and I'll update you
As Bluewhisper has noted in the comments, we're heading into a long weekend for the UK and US so liquidity might start waning and we could see some profit taking on these moves into the European and then US close
