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USD/JPY rebound capped by hourly Kijun at 120.05

Source: Thomson Reuters


  • Rising hourly Cloud has been forcing USD/JPY prices higher since NY Open 

  • Pre 10-yr auction concession also drew buyers to USD/JPY by key 119.58-64 support

  • But rebound capped by hourly Kijun at 120.05 so far 

  • Key supports will be at Tenkan & 200-HMA at 119.58/66 into close

  • Market Data
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