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Derived real-time data in partnership with:
Thomson Reuters
May 10 - 08:36 PM
USD/JPY - Horizontal Tenkan & Kijun Lines = Consolidation
First appeared on eFXplus on May 10 - 06:20 PM
  • Flat pre Tokyo after closing -0.3% - US CPI miss - softer USD & UST yields
  • No tier 1 data today - focus on Nikkei's response to Wall Street rise
  • 109.00 330M, 109.50 821M, 110.00 442M & 110.20-25 1BLN close strikes
  • Horizontal Tenkan & Kijun lines suggest further consolidation
  • Offers around 110.00 & 110.18 200 DMA initial resistance
  • NY afternoon 109.32 low & early NY 109.30 low first support

jpy may 11 Click here

Source:
Thomson Reuters IFR Markets

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