Source: Thomson Reuters
- USD/JPY clears 119.21 hurdles on rising USD-JPY yield spreads & surging N225 futures
- 119.21 is hourly Cloud top & 61.8% of this week's 119.83-118.59 drop
- Higher daily low today above the 21-DMA & Kijun at 118.63/57 reinforces bid
- US data not clearly bullish, USD broadly stronger, while most JPY crosses slip back
- Light offers 119.30-50, 119.80-120