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Derived real-time data in partnership with:
Thomson Reuters
Jun 05 - 08:36 PM
USD/JPY - Firmer Pre Tokyo - Large EUR/JPY Strikes Support
First appeared on eFXplus on Jun 05 - 06:35 PM
  • +0.1% pre Tokyo, after closing flat, but a fifth higher daily low
  • 109.00 1.5BLN, 109.70 520M & 110.00 502M - EUR/JPY 128.50 1.8BLN a base
  • No tier 1 data or scheduled speeches - focus on Nikkei & news wires
  • 109.85 horizontal Kijun line a magnet - break targets 110.19 200 DMA
  • Familiar levels - mid point of 6 week 108.11/111.40 range
  • NY 109.47/109.90 range is initial support/resistance

jp jun 6 Click here

Source:
Thomson Reuters IFR Markets

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