Currently 105.84 after finding support into 105.70
105.50-106.50 covers it for the moment with some USD moves variable and month/year-end yen repatriation flows/Kuroda comments helping to contain rallies.
A few options at 107.25 today to keep a lid on things should we get anywhere near.
I still prefer the USDJPY rally-sell/yen-long side with 105.50-55 remaining the next line in the sand to the downside. Expect some stops to be triggered if breached.
Offers: 106.00 106.30 106.50 106.80-85 107.00-05 107.20-25
Bids: 105.70 105.50-55 105.30 105.00 104.85 104.50
