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Feb 09 - 11:00 PM

USD/JPY - Recovers With S&P Futures Back To Flat

By John Noonan  —  Feb 09 - 09:15 PM
  • USD/JPY recovering from early decline to 109.56 and now near 109.80

  • Move higher coinciding with S&P futures recovery from -0.50 to flat

  • AUD/JPY buying out of Tokyo helping to underpin with cross 0.25% higher

  • USD/JPY resistance at Friday's 110.04 high and Jan 17 trend high at 110.30

  • Support at 10-day MA at 21-day MA at 109.56, which held this morning









usd/jpy Click here

Source:
Refinitiv IFR Research/Market Commentary

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