113.39 trades as I type
The offers look done in USDJPY at 113.30 and stops ran us up to 113.39. That might open the gates for a more sustained push now, if we can hold 30’s.
These moves aren’t overly convincing, we’re talking 40/50 pips around the majors. That’s not a signal that we’re going to the moon in USDJPY on this number but watch to see how support builds. Back under 113.30 and we’ll head back down. Stay above and 113.60 may have a more important role than I assigned it before the data.
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