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Lockhart comments, London Fix flows hit USD/JPY; 120.07 Kijun key

Friday, March 20, 2015 5:16 PM UTC

Source: Thomson Reuters

USD/JPY current 120.13 low close to daily Kijun & 50% Fibo at 120.075
Rate-hike timing comments & USD feedback from Lockhart hit USD
London Fix flows also favored long USD profit-taking
Close below 120.13 could take the pair down to 118.71 Cloud top
Bearishly diverging USD-JPY yield spreads remain the main drag

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Lockhart comments, London Fix flows hit USD/JPY; 120.07 Kijun key

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