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USD/JPY up TrendLine from Jan-Feb lows breached

Source: Thomson Reuters Durables goods miss hurting USD, slight drag on Treasury yields USD/JPY breaches up TrendLine from Jan-Feb lows at 119.30, eyes Tues's low near 119.22 Bids seen at 119, stops below; more buyers in…

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USD/JPY up TrendLine from Jan-Feb lows breached
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Source: Thomson Reuters


  • Durables goods miss hurting USD, slight drag on Treasury yields

  • USD/JPY breaches up TrendLine from Jan-Feb lows at 119.30, eyes Tues's low near 119.22 

  • Bids seen at 119, stops below; more buyers into 100-DMA/lower BB by 118.80

  • 1.9bln of 120 expiries pretty far away; hourly Cloud less oppressive later today

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