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Thomson Reuters
Sep 05 - 08:36 PM
USD/JPY - Strikes Support, 111.87 Is Pivotal Resistance
First appeared on eFXplus on Sep 05 - 06:55 PM
  • Shade softer early after closing a touch firmer - EM tensions simmered
  • Foreign investment flows lead today's data - interesting, but little impact
  • 111.00 1BLN, 111.10-20 671M, 111.30-40 886M & 111.75 390M close strikes
  • Currently struggles around the daily cloud top - today at 111.47
  • Close above 111.87, 61.8% July/August fall would be a positive signal
  • NY 111.44/111.76 range is initial support/resistance

jpy sep 6 Click here

Source:
Thomson Reuters IFR Markets

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