From the FXWW Chatroom: Nomura: JPY – The rally after the debate didn’t continue and a heavy German banking stock led USD/JPY lower yesterday, but local bids were reasonably seen on dips and a level 100.00/10 was supported again. There is not so many catalysts to trade at the moment, so USD/JPY is likely to trade range-bound but oil trades heavier before an informal meeting of OPEC later today and an uncertainty of European stocks may continue to put some pressures on the topside today. resistances 101 and 101.25,supports 100 and 99.50.
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