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TDUX
Jun 04 - 02:55 AM

USD/JPY - Hits Air-Pocket, FX Action? Rate Check?

By Haruya Ida  —  Jun 04 - 01:11 AM

• USD/JPY sees very quick blip down from 159.99 to 159.59 EBS

• Case of market jitters, BOJ rate check, actual FX action?

• Nothing yet to suggest intervention but market jittery

• Hourly Ichimoku cloud between 159.70-87 crisscrossed

• Tech support below from ascending 200-HMA at 159.44

• Loads of option expiries today too down to 159.00, below

• Related comment , also , for more click on [FXBUZ]

USD/JPY hourly:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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