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USD/JPY holds lower after................>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY holds lower after outperforming the USD during & after the
month-end London fix and despite the broader risk on flows surrounding Brexit
matters in Asia-Pac dealing, as the USD struggles against its G-10 counterparts.
- USD/JPY last Y112.73. Bears need a close under the 21-DMA at Y112.62 to return
the outlook to neutral, while a move below broken trendline resistance turned
support at Y112.20 would allow them to regain control. While the 21-DMA holds,
bulls look to Y114.00.
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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