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Thomson Reuters
Dec 05 - 08:36 PM
USD/JPY - Plenty Of Close Strikes - The Cloud Remains A Base
First appeared on eFXplus on Dec 05 - 06:15 PM
  • 0.35% relief rally, after conciliatory US/China trade comments nL4N1YA1NB
  • Foreign investment flows are the only data - Nikkei the likely focus
  • 112.75-80 1.2Bln, 112.95-113.10 2.86Bln & 113.22/35 1.145Bln strikes
  • Cloud top provided a base offshore for a second day, remains 112.67 support
  • Horizontal cloud Tenkan & Kijun lines do not support a trending move
  • London 112.93 low & 113.25/30 Kijun & Tenkan lines first support/resistance

jpy dec 6 Click here

Source:
Thomson Reuters IFR Markets

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