By Andrew M Spencer — Dec 29 - 10:15 PM
-0.35% at lower end of a 132.38-133.09 range - AUD/JPY -0.5%, EUR/JPY -0.35%
Yen bought from the Tokyo open ahead of the Fix, then a low key session
Charts; neutral momentum studies, 21 day Bollinger bands expand
10 & 21 DMAs fall, Tenkan and Kijun lines flat line - net downside bias
135.23 Kijun line capped in December and remains pivotal resistance
130.58 low on December 20th is initial significant support
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary