USD demand prevailing as Europe returns to the fray 15 Feb
Offers/res around 114.50 now history with highs posted of 114.59 in a rush.
Expect more into 114.80 and 115.00-20 with 115.62 the line in the sand behind that.
Demand/support into 114.20 then 114.00 with more behind.
Yellen's more hawkish comments still reverberating but I'm not convinced and think we're ranging still. I prefer to play short of yen pairs but caution advised for the moment.
