I posted this just 10 minutes ago but wanted to add one thing:
Approaching support in USD/JPY now around 89.65/75 … even at 89.80 (although you could wait until 86.50 with Morgan Stanley
)
Resistance has been established above 89.20 after this morning’s move to 90.25 has been rejected. Initial resistance on the day now at 89.05/10.
Lower down, 89.40/50 support and again at 89.10/20
Adding: Stops being talked about sub 89.50
Also: on EUR/JPY, initial support at 118.90/119.00 while resistance around 120.10/20
