Saturday, August 7, 2010

EUR/JPY testing highs late in trading day

In this, the final hour of the trading data, EUR/JPY is attacking session and range highs in the 114.30 area. I have a sinking suspicion there is options related interest at 114.50 and 115.00, but I can’t prove it That should slow any rally, but as we’ve seen in EUR, …

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