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Thomson Reuters
Jun 11 - 02:36 AM
USD/JPY - Bid With Risk In Tokyo - US/China Impasse Caps
First appeared on eFXplus on Jun 11 - 12:15 AM
  • Trades at top of a 108.35/65 range, with EUR/JPY at top of a 122.62/91 range
  • Modest risk on, E-mini S&P +0.2%, Nikkei +0.3% with UST yields flat
  • Sentiment capped by fresh Trump/China tariff threats
  • 107.77/107.81 - Jan 10 and June 4th lows - a double bottom provides a base
  • 107.65-75 1.5BLN, 107.90-108.00 1BLN and 108.45-50 1.1BLN strikes support
  • Tokyo 108.35 low and London 108.71 high initial support/resistance

jp2 jun 11 Click here

Source:
Thomson Reuters IFR Markets

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