By Justin Mcqueen — Aug 16 - 01:05 PM
USD/JPY dragged lower with U.S. yields to retest prior range top
Traders show little desire to take USD/JPY to 150 despite risk rally
Near-term support at 147.22 (pre-retail sales level) and 146
A break through 146 would likely accelerate bearish momentum
Resistance at 149.50-150 and above at 151.50-152
Eyes on BoJ's Ueda and Fed's Powell nL1N3K30O1
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Source:
Refinitiv IFR Research/Market Commentary