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• USD/JPY remained relatively buoyant though bias down on US-Iran deal hopes
• USD/JPY range 158.75-159.06 EBS, off tad from 159.40 high May 21
• Good tech support eyed at ascending 200-HMA at 158.66
• Intervention risk topside still seen, BOJ June hike expectations too
• Holding at top of 156.37-158.85 daily Ichimoku cloud still
• Hawkish Fed expectations taking hold though, one maybe more hikes this year
• Option expiries nearby today 158.50/70 $784 mln, 158.95-159.05 $642 mln
• Also $1 bln above between 159.20-30, likely cap for now
• EUR/JPY 184.85-185.07 EBS, doing little, in 184.37-185.67 daily Ichi cloud
• CHF/JPY better bid, 202.15-203.24, highest since Apr 24, Apr 21 peak 204.42
• GBP/JPY also bid, 213.22-214.30, tracking away from 211.53-213.31 Ichi cloud
• Towards 214.42 high May 11, recent peak 216.59 April 30
• AUD/JPY 113.55-91, towards 114.73 peak May 13?
• Related comment , also , for more click on [FXBUZ]
USD/JPY hourly:
CHF/JPY hourly:
AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)