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Jun 17 - 02:36 AM
USD/JPY - E-Mini's Lead A Modest Risk On Session In Tokyo
First appeared on eFXplus on Jun 16 - 11:40 PM
  • Touch firmer in a 108.45/108.71 range with JPY crosses higher, AUD/JPY +0.2%
  • E-Mini S&P +0.3% supports local markets, Nikkei +0.1% and AsiaxJP flat
  • Close 108.25 675M and 108.40-45 400M are the close strikes today
  • Horizontal Tenkan & Kijun lines suggest further consolidation
  • Double bottom at 107.77/107.81 - Jan 10 and June 4 lows, provides a base
  • Primary trend lower since April - 109.24 Kijun line is the topside pivot
  • Earlier 108.45 low and last week's 108.80 high initial support/resistance

jpy2 jun 17 Click here

Source:
Refinitiv IFR Research/Market Commentary

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