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USD/JPY failed to mount a real test of...>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY failed to mount a real test of its next notable resistance
level, the Jan 08 low (Y112.87), although it did manage a fresh 6-month high of
Y110.77, before easing a touch, last dealing around 10 pips higher on the day at
Y112.65.
- A break above the aforementioned Y112.87 would switch focus to the 200-WMA
(Y113.24), while support can be observed at the Jul 11 high (Y112.17).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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