Currently 106.85 tightly bound
Option expiries in play with $1.8bln between107.00-50 capping the topside and $1.9bln between 106.00-55 providing the floor.
Yesterday I warned that the attempt on 107.00 interest into expiry should be faded and indeed it was. Demand building again around 106.80
Ranging still then and I remain a rally seller/yen buyer and jobbing back in the dips while the general fragility continues.
Offers: 107.00-05 107.25 107.40 107.50 107.80 108.00
Bids: 106.80 106.65 106.50 106.30 106.00
