USD/JPY hugs the 111.00 level, large expiries at play - ConsultFX

USD/JPY hugs the 111.00 level, large expiries at play

USD/JPY is off the lows and now trades close to the figure level ForexLive Near-term bias still favours sellers as price remains below both key hourly moving averages but a bounce off the 110.80 level and daily support @ 110.85 (shown below) is helping to provide a base for buyers currently.