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Thomson Reuters
Sep 14 - 08:36 AM
USD/JPY - Upside Limited By Japanese Long Weekend Selling
First appeared on eFXplus on Sep 14 - 06:25 AM
  • USD/JPY's eleventh biggest 2018 one-day gain overcomes key Fibo
  • Spot has seen narrow 111.76-112.08 EBS range, as consolidation persists
  • Profit-taking, position adjustments ahead of Tokyo long weekend limit gains
  • There are said to be decent offers all the way up to the 112.20 level
  • Decent bids likely around 111.35 which is near a 111.37 low posted Thursday
  • Japan PM Abe: BOJ's easy policy shouldn't continue forever nT9N1T902N

Pivot Chart: Click here

Source:
Thomson Reuters IFR Markets

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