- Pair back around 119.50 where massive option expiries will be seen.
- Some bln in expirations at this strike, strong pull.
- Demand into the Tokyo fix so-so, helped pair up from low.
- Flows have abated considerably, Tokyo players mostly sidelined pre-holiday.
- Volumes later this week to be even lower – Christmas and Boxing Day.
- Bias up but to-fro action between 119-120 eyed, Nikkei trading around par
The material has been provided by InstaForex Company – www.instaforex.com