Profit taking in USD/JPY; support at 96.50

Author: Sean Lee | Category: News

Early Tokyo is doing its’ usual trick of booking profits after decent overnight moves. USD/JPY has fallen from 97.00 to 96.60, with next support being the NY low at 96.50.

EUR/USD is up to 1.3950, but sales of EUR/JPY and standing orders above the market, are weighing.