USD/JPY scope for gains to 2023 peak retest after bear trap nL1N3C90KV

Spot continues rise from 150.35 to 150.78, on Wednesday, EBS data shows

The scope grows for bigger moves to retest the recent 2023 151.74 peak

Beware the huge option expiries at 150 and 151 for the rest of this week

These expiries should help contain USD/JPY until the start of next week

Note euro likely to climb against the yen in November nL1N3C40NG

Ueda: FX volatility among side effects of yield curve control nT9N3BN01U