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USD/JPY breaks 119.50 bids, Cloud base at 118.95 key support

Tuesday, April 14, 2015 12:58 PM UTC

Source: Thomson Reuters

USD/JPY cracks 119.50 bids on mediocre US retail sales data
Only small HeadLine misses for Retail Sales, but control group is bad for GDP
USD/JPY broke 61.8% & TrendLine at 119.53/49, Treasury yield & USD edge lower
Specs fade USD/JPY rallies, GPIF et al, still buyers of dips
Cloud base at 118.95 key support, Kijun at 120.19 now key resistance
Today's big expires at 118 & 121 too far to matter much so far

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USD/JPY breaks 119.50 bids, Cloud base at 118.95 key support

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