Intraday players pushing for stops above 104.250

USDJPY Daily

UJD

This market continues to find a bid tone with the bulls now pushing for stops above the 104.250 high, a strong close above this level will see momentum on the topside pick up with large stops above 105.750.

USDJPY M15

UJ15

There are likely stops building either side of the current 104.100-104.200 intraday range, a break to the downside will likely see the intraday players push this market lower to try closing the gap at 104.070. A break to the topside will see a test of the 104.250 high.

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