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Thomson Reuters
Jul 01 - 08:36 PM
USD/JPY - Cross Flow Initially Dominates - 111.00 Caps
First appeared on eFXplus on Jul 01 - 06:15 PM
  • Little changed, but choppy in a 110.50/110.80 range, driven by EUR/JPY flow
  • Early confusion on EU migrant deal behind moves nL8N1TX09B & nS8N1PX053
  • 110.90 June trend high capped on Friday - 1BLN 111.00 strikes today
  • Sustained 111.00 break would target 111.40 2018 top in May
  • 110.48 London low then 110.15/18 Tenkan line & 200 DMA support
  • Tankan & final PMI lead data - polls - Click here

jpy jul 2 Click here

Source:
Thomson Reuters IFR Markets

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