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Thomson Reuters
Nov 21 - 08:36 PM
USD/JPY - JPY Opens Weaker, But Strikes Likely Contain
First appeared on eFXplus on Nov 21 - 06:20 PM
  • Flat in Asia after closing +0.3%, as Wall Street bounced into Thanksgiving
  • JPY crosses higher with risk, AUD/JPY +1%, EUR/JPY +0.4% & GBP/JPY +0.2%
  • 112.20-55 4BLN, 112.75 500M, 113.00 1.1BLN % 113.50-55 1BLN strikes contain
  • Back above the cloud, horizontal Tenkan & Kijun lines are acting as magnets
  • 112.79/82 Kijun line & cloud top support - 113.25 Tenkan line resistance
  • Inflation leads data - core y/y poll 1% Click here

jpy nov 22 Click here

Source:
Thomson Reuters IFR Markets

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