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Feb 10 - 05:55 AM

USD/JPY - A USD/JPY Close Under A Broken Tech Level Could Prove Decisive

By Martin Miller  —  Feb 10 - 03:50 AM
  • Repeated failures under kijun line at 131.00 were potential bear traps

  • But the deeper break under this level on Friday could prove to be a decisive

  • A daily close under the kijun line will unmask the February 2 128.08 low

  • 14-day momentum positive, but at risk of ending week in negative territory

  • USD/JPY Trader TGM2336. Previous update nL1N34P0H5

  • EUR/JPY EBS range has been 139.56-141.60, on Friday, so far

Refinitiv IFR Research/Market Commentary


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