DOLLAR-YEN: MNI Fundamental levels (orders, options, technicals)
*Y102.80 Strong offers, stops (Y102.79 – 4 Jun high)
*Y102.64 9 Jun high
*Y102.50 Exporter offers, stops
*Y102.39/47 11 Jun high, 50% of Y104.12-100.82
*Y102.30/35 Market stops (Y102.35 – Short-term t-line)
*Y102.27 Post NFP spike high 3 Jul
*Y102.20 Japanese offers (Y102.19 – Intraday high)
*Y102.16 ***Current mkt rate 0726GMT Wednesday
*Y102.00 Minor demand on approach
*Y101.90 Market stops
*Y101.85/80 Medium demand (Y101.83/82 – 55-day ma, 29 Jul low)
*Y101.75/71 28 & 25 Jul lows
*Y101.68/64 21-day ma, 50% of Y101.09-102.19
*Y101.50 Demand on approach
*Y101.42/32 24 & 23 Jul lows
From the FXWW Chatroom