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Derived real-time data in partnership with:
Thomson Reuters
Oct 29 - 08:36 PM
USD/JPY - Opens Firmer - Strikes Contain - Neutral Setup
First appeared on eFXplus on Oct 29 - 06:55 PM
  • Touch softer after closing +0.4% amid broad USD strength, but softer stocks
  • Jobs lead data - polls 2.4% unemployment & 1.63% jobs/applicants ratio
  • Horizontal Tenkan & Kijun lines suggest range trading - daily cloud rises
  • Close below 111.48/60, cloud base & 61.8% Aug/Oct rise, would be bearish
  • 112.00 1BLN & 112.35-50 1BLN are the close strikes, may contain if quiet
  • NY 112.19/112.56 range is initial support/resistance

jpy oct 30 Click here

Source:
Thomson Reuters IFR Markets

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