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Nov 29 - 05:55 AM

USD/JPY - Tries To Recover From Omicron Selloff, Techs Weigh

By Martin Miller  —  Nov 29 - 04:07 AM
  • USD/JPY slumped into London open, before the subsequent recovery attempts

  • Dropped from the 113.88 high in Asia on the EBS, to hit 112.99 London

  • European shares rebound from Omicron-fuelled selloff nL4N2SK1T2

  • Fri's biggest drop since March 2020 puts 112.93 Fibo at risk nL1N2SK006

  • 112.93 Fibo is a 38.2% retrace of the same 108.73 to 115.52 gain

  • EUR/JPY has seen a 127.50-128.55 Monday range, according to EBS price data

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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