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USD/JPY lower after Tues's bullish close, Tenkan should limit

Wednesday, April 8, 2015 12:41 PM UTC

Source: Thomson Reuters

USD/JPY corrects lower after Tues's bullish close past Kijun, 21-DMA & 50% Fibo
Daily Tenkan at 119.58 key support, should limit pullback, 200-HMA & hourly Cloud by Tenkan
current account & Trade balances improving slight JPY pluses overnight, 1.29b of 120 & 921m 120.50-65 expiries ahead
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USD/JPY lower after Tues's bullish close, Tenkan should limit

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