Friday, October 16, 2026

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USD/JPY still in 121.26-41 range

USD/JPY is unmoved and trades in tight range weighed by dip in US yields, long positions. After swinging, Nikkei closes at new trend high at 19,544.48. Nikkei offers support, also persistent Japanese bids on dips. Pair s…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY is unmoved and trades in tight range weighed by dip in US yields, long positions.

  • After swinging, Nikkei closes at new trend high at 19,544.48.

  • Nikkei offers support, also persistent Japanese bids on dips.

  • Pair sees major support at 121.23 200-HMA, and further at 120.97 daily tenkan. 

 

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