Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jun 11 - 11:00 PM
USD/JPY - Overcomes First Of Two Obstacles, May Turn Bullish
First appeared on eFXplus on Jun 11 - 09:00 PM
  • USD/JPY crosses 200 DMA at 110.19 - which capped rally last week
  • First chart barrier overcome, next one being tested at 110.54
  • Tues close above that mark would turn USD/JPY bullish near-term
  • Bollinger uptrend channel would steer to 111.48 weekly resistance
  • USD generally well-bid as FOMC decision appears on horizon
  • Markets tad risk-on as Trump-Kim summit commences nL4N1TD4MR

JPY: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!