Well that worked out OK. USD/JPY bottomed out for now at 90.42, just ahead of those aforementioned buy orders at 90.40. We’re presently at 90.60.
Much talk of jolly big 91.00 option expiry at the NYK cut later today, so many will feel price won’t deviate too far from said level beforehand. Never totally convinced by that line of thought. Guess we’ll see. Sell orders up at 90.90/00.