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Sep 21 - 06:55 AM

USD/JPY - Bearish Despite Global Stocks Recovery Attempts

By Martin Miller  —  Sep 21 - 05:17 AM
  • Stocks attempt rebound from Evergrande-led selloff nL8N2QN1HL

  • USD/JPY has seen a 109.31-70 range on Tuesday, according to EBS prices

  • Yen could be set to climb further against the dollar nL1N2QI0OH

  • USD/JPY's multiple failures above cloud resistance negative nL1N2QN0H1

  • Daily cloud resistance currently spans the 109.86-110.19 region

  • USD/JPY and EUR/JPY perform daily closes in the same direction a lot

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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