Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightYen Extending Rally Supported by Strong PMI and Exports, Dollar Back Under Pressure Japanese Yen trades broadly higher today as supported by upbeat economic data. In particular, USD/JPY has now taken out 110.18 support (last week's low). Recent fallcould be extending towards next key... Technical OutlookUSD/JPY Daily Outlook USD/JPY's fall resumed by taking out 110.18 and reaches as low as 107.09 so far. Intraday bias is back on the downside for lower channel support (now at 109.55). We'll look for bottoming signal around... Suggested ReadingsGBP/USD Surges Above 1.4000, UK's Employment Report Next EUR/USD Poised For Potential Breakout Amid ECB Speculation, Dollar Weakness US Dollar Index Touches New 3-Year Low Near 90.00 Economic Data
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