Thursday, October 15, 2026

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USD/JPY dips on Chicago PMI miss, supported by hourly up trendline 123.66

Chicago PMI miss hits USD, USD/JPY slips but dip limited to 123.80 so far Pair above 123.66 hourly up trendline support, that trendline will be reinforced by the hourly Cloud base at 123.61 this afternoon Treasury yields…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Chicago PMI miss hits USD, USD/JPY slips but dip limited to 123.80 so far

  • Pair above 123.66 hourly up trendline support, that trendline will be reinforced by the hourly Cloud base at 123.61 this afternoon

  • Treasury yields hit; Japan bids by 123.50; stops building below

  • Nervous spec longs exiting on rallies above 124 ahead of the weekend

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