USD/JPY unchanged on the day. What next?

By: Gerry Davies

The reason for the earlier USD/JPY poll is cos I ain't got a clue in which direction  the next 50 pips is coming in USD/JPY. I've been bullish of late, but I'm not sure now whether we'll just keep trending higher or are about to see a downside correction. Medium, long-term I remain bullish. We're at 81.25. Talk of some sell stops through 81.10. Buy orders seen clustered 80.90/00,  more sell stops below there. Topside, sell orders seen clustered up at 81.65.75 ahead of 81.75 barrier option interest.