By Andrew M Spencer — Mar 17 - 09:38 PM
+0.2% with EUR/JPY +0.2% and AUD/JPY +0.55% - positive risk after the FOMC
Nikkei +1.75%, AsiaxJP +0.85%, E-mini S&P +0.3% and 10yr UST -1bp 1.639%
Japan firms want BOJ to keep bond yields, ETF purchases steady nL4N2L932L
Charts; nearly two weeks of consolidation above 108.20 range support
5, 10 & 21 daily moving averages, Tenkan and Kijun lines climb
Positive setup targets a test of 109.56, 76.4% March/January fall
Earlier 108.70 low and NY 109.32 high initial support, resistance
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jpy mar 18 Click here
Source:
Refinitiv IFR Research/Market Commentary