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Jun 19 - 12:12 AM
USD/JPY - Firmer With Risk As Nikkei Jumps
First appeared on eFXplus on Jun 18 - 09:30 PM
  • +0.1% with JPY crosses a touch higher with risk appetite - Nikkei up 1.7%
  • Trade deficit beat forecast, but exports fell for the 6th month nL4N23O23A
  • 108.00 2.8BLN and 108.30-40 1.3BLN are the close strikes, but look safe
  • Horizontal Tenkan & Kijun lines suggest further consolidation
  • Key levels are 107.77/107.81 double bottom and the 109.24 Kijun line
  • Earlier 108.44 low and this week's 108.73 high initial support/resistance

jpy jun 19 Click here

Source:
Refinitiv IFR Research/Market Commentary

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