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USD/JPY falls briefly to new day's low, but 200-HMA intact

Tuesday, March 31, 2015 3:22 PM UTC

Source: Thomson Reuters

USD/JPY sold into final Q1 London fix; USD/JPY yanked to brief new day low
Pair breached 38.2% of 118.93-120.37 at 119.82, but 119.75 200-HMA still intact
Liquidity seen thinning ahead upcoming holidays & solo NFP Fri
USD-JPY 2-yr yield spread fell to lowest since Feb 5 on fresh Treasury buying
Daily ABC base confirm is close above 120.37 21-DMA & 120.51 Mar down TrendLine

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USD/JPY falls briefly to new day's low, but 200-HMA intact

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