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Thomson Reuters
Apr 29 - 02:36 AM
USD/JPY - Gently Bid With Risk, As The Tokyo Holiday Begins
First appeared on eFXplus on Apr 29 - 12:20 AM
  • +0.1% with JPY crosses gently higher - EUR/JPY +0.3%, AUD/JPY +0.4%
  • Modest risk on reflected in local stocks - AsiaxJP +0.4%, E-Mini S&P flat
  • First trading day of the week long Japanese holiday - modest flows
  • Horizontal Tenkan & Kijun lines suggest tight range trading
  • 111.50 flat lining 200 DMA has been a magnet since early March
  • NY 111.43/112.03 range support/resistance - 112.00 646M strikes

jpy apr 29 Click here

Source:
Thomson Reuters IFR Markets

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