USD/JPY bucking typical risk appetite demand, and edges lower

A post covid world of low interest rates and yields can favour JPY

Broader selling of USD and talk of decent USD/JPY supply, favours shorts

103.31-102.72 Mon, new low since 10 Mar 102.02, 9 Mar/4-year low 101.18

Resistance at falling 21-DMA 103.65 and big 104.00 options nL1N2JF0E7

Big option barriers 102.00, size grows at 101.00 and much bigger 100.00

Japan doesn't want USD/JPY below 100.00 nT9N2GY019