USDJPY pushing up to test the big double top again
It looks like the action isn;t over for the day (yes, I have got one eye on the pub). USDJPY is up testing 114.30 again and we could have some fireworks if that and 114.50 gets broken. There’s still barrier options sitting at 114.50 so they may contain but not if the dollar decides it wants to make a statement.
Keep an eye out also for EURUSD testing 1.1600. There’s more support at 1.1575 should we drop under.
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https://asia.nikkei.com/Politics-Economy/International-Relations/US-bombers-from-Guam-conduct-exercise-over-Korean-Peninsula
Here’s the weekend risk and usdjpy stopper . Quiet weekend and I reckon we gap open through the 114.50. Launch and 113.50/60 on Monday to buy at a better level.