EURJPY orders 7 March - Tightly bound again

Author: Mike Paterson | Category: Forex Orders

Currently 131.20  going nowhere in a hurry for the moment

Year-end yen repatriation in play still versus inherent EUR demand and USDJPY option interest at 105.50 and barrier option support at 105.00

ECB meeting tomorrow to keep in mind

Offers:  131.20 131.35 131.50 131.80 132.00

Bids:    131.00 130.80 130.50 130.20 130.00

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