Flows and Orders/FXWW News/USD/JPY

USD/JPY: Option buyers likely to appear above 100

FXWW888 is reporting in the chat-room (patience needed 🙂 ) that option players are likely to start chasing USD/JPY higher if it breaks above 100.00. Good enough for me, I’m short at 99.50 and I’ll put my stop now at 100.05.

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