By Robert Fullem — Mar 26 - 03:36 PM
• USD/JPY settles above 150 as tariff worries lift greenback
• Shares slid on report of pending U.S. auto tariff announcement
• Pair struggles to top session high of 150.75
• Trsy yields firm after Fed comments on keeping rates steady
• Higher lows supports though pair struggles to set new highs
• Resist: 150.93-95 Feb 7 low and day's high; 151.30 Mar high
• Supp: 149.60-55 9-day EMA and Tues. low; 149.10 March 18 low
Yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters