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13 Mar 2015
USD/JPY sellers at 121.55-60 – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team, gives the outlook and key levels for USD/JPY and EUR/JPY.
Key Quotes
“USD/JPY running into sellers at 121.55-60; as Japan government continues to debate whether further JPY weakness will bring more benefits or harm to Japan economy.”
“More offers at 121.80-00 ahead of 8-year highs of 122.00-02. Bids at 121.00-20.”
“EUR/JPY seen lower at 128.75-80, down from 129 - where good sellers are. Speculation of selling from Japanese corporates, Tokyo names and European banks.”
“Bids at 128.50-60, stoploss below. Eye break of 128.00 to near 2-year lows of 127.60-65 again. Given Greece concerns.”
Key Quotes
“USD/JPY running into sellers at 121.55-60; as Japan government continues to debate whether further JPY weakness will bring more benefits or harm to Japan economy.”
“More offers at 121.80-00 ahead of 8-year highs of 122.00-02. Bids at 121.00-20.”
“EUR/JPY seen lower at 128.75-80, down from 129 - where good sellers are. Speculation of selling from Japanese corporates, Tokyo names and European banks.”
“Bids at 128.50-60, stoploss below. Eye break of 128.00 to near 2-year lows of 127.60-65 again. Given Greece concerns.”