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Jul 27 - 03:55 AM

USD/JPY - Where USD/JPY Closes In Relation To The Kijun Line Is Critical

By Martin Miller  —  Jul 27 - 02:05 AM
  • USD/JPY scope is for gains through July 14 110.70 peak in coming sessions

  • Bulls tightened their grip after a Friday to close above the kijun line

  • Another daily close above kijun line on Monday maintains the upper hand

  • The daily kijun line currently comes in at the 110.37 level

  • EUR/JPY sees 130.06-26 EBS range. USD/JPY Trader TGM2336nL1N2P10EL

Source:
Refinitiv IFR Research/Market Commentary

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