By Robert Fullem — Nov 11 - 02:15 PM
USD/JPY settles near top of 152.62 to 153.955 EBS range in modest turnover due to a U.S. holiday
Yen is on its back foot versus all its G-10 counteparts as U.S. shares advance though the Treasury market is closed
Pair holds above its pre-election Nov. 6 low of 151.30
U.S. inflation data and Fed speakers may offer the USD support later in the week
The weekly cloud top of 152.89 is nearby support ahead of a bullish 21-DMA versus 200-DMA crossover just below 152
Strong resistance is seen at last' week's double-top near 154.71
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Source:
Refinitiv IFR Research/Market Commentary