According to FXWW Founder Sean Lee, "EUR/JPY will probably be the lead pair in Asia again" , adding that "those protecting the 108.00 barrier probably had a good night, being able to re-load at lower levels for the next defensive action."
Ahead of the US NFP number on Friday, Sean thinks some profit-taking should not be ruled out, "but I suspect that 106.50 will provide formidable support on any dips, with initial support on the short-term charts at 107.20" he says.
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