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Thomson Reuters
May 03 - 02:36 AM
USD/JPY - All Things Lead To The 200 Day MA - Next Payrolls
First appeared on eFXplus on May 02 - 11:30 PM
  • Flat in a 11.41/53 range - AsiaxJP stocks -0.2%, but E-mini S&P +0.2%
  • Low key session with Japan and China close ahead of US payrolls
  • 111.51 flat lining 200 DMA has been a magnet since early March
  • Horizontal Tenkan & rising Kijun lines are a modest positive setup
  • Earlier 111.53 high then 111.70 Tenkan line are first resistance
  • 111.37 NY low then 111.00-25 700M strikes are initial support

jpy2 may 3 Click here

Source:
Thomson Reuters IFR Markets

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