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Thomson Reuters
Jun 10 - 11:00 PM
USD/JPY - Quiet Start After Rally Shows Signs Of Fatigue
First appeared on eFXplus on Jun 10 - 09:00 PM
  • Higher US yields improved disk appetite helped USD/JPY trade to 108.71
  • Rally stalled, as market remains cautious on US-China trade war impact
  • Resistance found at daily Tenkan line at 108.86 and 21-day mA at 109.21
  • Talk of Japanese interest to buy ahead of 108.30 should cushion downside
  • Asian equity markets and moves in US yields key to direction in Asia

usd/jpy Click here

Source:
Thomson Reuters IFR Markets

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