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Thomson Reuters
Oct 08 - 12:12 AM
USD/JPY - Gently Bid In Quiet Asia
First appeared on eFXplus on Oct 07 - 10:40 PM
  • USD/JPY has traded in a 113.65/94 during a quiet morning session
  • Tokyo holiday has resulted in light flows in thin markets
  • USD/JPY slightly bid on light AUD/JPY with cross up 0.20% from Friday close
  • Support @ 10-day MA @ 113.64 and close below shifts pressure to downside
  • Resistance is found at the double-top around 114.55
  • Direction unclear, as rising US yields underpin and risk aversion caps

usd/jpy Click here

Source:
Thomson Reuters IFR Markets

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