USD/JPY: Very heavy turnover near 100.75
The interbank market is reporting some very heavy turnover near 100.75, which was a recent daily high. The next big technical level to watch above here is 101.55. I still think some of the Yen crosses look susceptible to deeper dips and that’s why I’m not getting overly bullish on USD/JPY.
Elsewhere I’m still watching the AUD/USD and am hoping to buy a deeper dip towards .9225.