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BUZZ-Tokyo tentatively bullish USD/JPY, exporter offers limit

August 15 2012 | Filed Under »
Forex pairs in this Article » USD/JPY
USDJPY through 79.00 o/n but little follow-through, plenty of offers.

More stops likely above 79.20, Ichimoku cloud base 79.13, 200-day MA 79.17.

Highs from July 17-18 at 79.16-17 too.

Japanese exporter offers trail up as well, likely in 10-tick increments.

Support from 78.90-95, Ichimoku kijun line still flat-lining at 78.93.

Base now seen at 78.50-60.
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