Thursday, October 15, 2026

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USD/JPY - NY 120.00 strikes to attract

Technical outlook bullish Intra-day bulls require an hourly close above 119.85 pivot Narrow range today of 119.62-119.91 Bids down to 119.50 support; large stops at 119.45 72 hour log correlation between Nikkei futures &…

By Meredith J C Warren
1 min read
USD/JPY - NY 120.00 strikes to attract
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  • Technical outlook bullish

  • Intra-day bulls require an hourly close above 119.85 pivot

  • Narrow range today of 119.62-119.91

  • Bids down to 119.50 support; large stops at 119.45

  • 72 hour log correlation between Nikkei futures & spot  is +0.5

 

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