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USDJPY slices through the daily moving averages

A few eyes were on this ara as we had the 55, 100 & 200 dma's in close proximity

And so far they halted the run for about a minute

USDJPY daily

Now we're seeing the dollar pick up even more momentum against the other majors. GBPUSD has washed through 1.5070 to 1.5034, and the next support level. EURUSD is going a bit slower but has fallen to 1.0925

The London fix is up at the top of the hour and the pound move may be being led by some action there. I expect it to have an affect this week and into the holidays

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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