USD/JPY holds key support, risk-off flows subsiding a bit now
Tuesday, June 9, 2015 12:27 PM UTC
- USD/JPY hourly up TrendLine off last week's lows held at 123.86; risk-off flows subsiding a bit now
- Daily Tenkan & May up TrendLine now resistance at 124.68/75; overnight high & 200-HMA at 124.73-4
- Stops below last week's 123.75 range base; Kijun next at 122.37
- Big N225 drop accelerated by weak China CPI & Asia stocks slide & yen rise
- Expected Sept Fed hike a USD prop, but WSJ notes Fed's BoG doves control IOER
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