Euro / Japanese Yen
Long

EUR/JPY 126.50 incoming...

112
The Japanese Yen has regrouped from around 106.20 to 105.72, but never really threatened decent option expiry interest at 105.50 (1.65 bn) and similarly the Euro contained losses through 1.1750 to 1.1740 or so, though left even bigger expiries at the 1.1800 strike (3 bn) untouched after a fleeting look at the big figure in very early trade. 126.50 is the next upside target.

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