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Feb 28 - 06:12 AM
USD/JPY - Japanese Exporters Lean On USD/JPY Into Month-End
First appeared on eFXplus on Feb 28 - 04:40 AM
  • USD/JPY has seen a 110.66-99 range, according to prices on the EBS
  • Downside risk continues to grow as bulls struggle to make much headway
  • Offers said to be in size circa 111.00, capped the market near-term
  • The 30-day upper bolli-band and 200-DMA at 111.31 and 111.32 weighs
  • On the downside there is said to be solid bids circa 110.30 and 110.00
  • USD/JPY took a hit on Wed due to Indian-Pakistan tensions nL1N20L08W

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