Friday, October 16, 2026

Technicals

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USD/JPY lower, 123.64-71 pullback support

Realization Greek deal harder than thought hurts risk, helps yen a bit USD/JPY 124.38 high 3 pips from 161.8% of Jun 18 low-Jun 19 high base 38.2% of the 122.48-124.38 rise is at 123.67 v 71 low today, 64 noon low Tues T…

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

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  • Realization Greek deal harder than thought hurts risk, helps yen a bit

  • USD/JPY 124.38 high 3 pips from 161.8% of Jun 18 low-Jun 19 high base

  • 38.2% of the 122.48-124.38 rise is at 123.67 v 71 low today, 64 noon low Tues

  • Today's high always suspect as yield spreads and N225 didn't confirm it

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By FxWirePro Team