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Thomson Reuters
Mar 06 - 02:36 PM
USD/JPY - Uptrend Fumbles At Fibo, May Put MA Props In Play
First appeared on eFXplus on Mar 06 - 01:20 PM
  • USD/JPY's been unable to close above 76.4 Fibo @112.08 nL1N20S137
  • Below upper 30-d Bolli after two days above, lower high and low
  • RSI slipping, 100- & 200-DMAs at 111.37-38 now key support
  • Hourly Cloud, 100-HMA (111.83) are rsst for 1st time since Feb 27
  • Daily Tenkan and Feb 25 high at 111.24 secondary support
  • A 112.08+ close needed for run at dn TL off '18 peak at 113.24

Chart: Click here

Source:
Thomson Reuters IFR Markets

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