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Thomson Reuters
Jun 04 - 08:36 PM
USD/JPY - Cross/risk Driven At Present - 200 DMA Beckons
First appeared on eFXplus on Jun 04 - 06:20 PM
  • Flat into Tokyo open - closed +0.3% with higher UST yields/risk
  • JPY crosses jumped, AUD/JPY +1,35%, NZD/JPY +0.9% & EUR/JPY +0.6%
  • Familiar levels - mid point of 6 week 108.11/111.40 range
  • Closed just above 109.75 Kijun line - targets 110.19 200 DMA
  • 108.90-109.00 675M, 109.25 305M & 109.40-45 715M strikes support
  • JPY likely to remain more cross than USD driven today in Tokyo

jpy jun 5 Click here

Source:
Thomson Reuters IFR Markets

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