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Dec 30 - 08:55 PM

USD/JPY - Opens Slightly Firmer After Making 1-Month High

By John Noonan  —  Dec 30 - 07:22 PM
  • USD/JPY opens above 115.00 for first time since Nov 25 after eking out a small gain

  • USD/JPY trending higher with the 5, 10 and 21-day MAs in a bullish alignment

  • Support is at the 10-day MA at 114.52 and break would suggest top forming

  • Key resistance is at the Nov 24 and 2021 high at 115.52

  • Sellers are tipped ahead of 115.50 with bids eyed at 114.65/70

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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