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13 Jun 2013
USD/JPY dips below 95 figure
FXstreet.com (Barcelona) - Last at 95.10, USD/JPY is down -0.95% for the current session alone adding to a -2.46% loss for the week so far, posting fresh 10-week lows at 94.39 while writing, falling sharply all of a sudden.
Yen is by far the strongest major currency for last 2 trading days with Nikkei at the moment down -5.81% for the day, last around the 12600 points, coming from fresh 5.5-year highs shy of the 16k mark just few weeks ago.
Immediate support to the downside for USD/JPY lies at recent fresh 10-week lows/Feb 12 highs 94.36/40, followed by March 18 lows at 93.98, while closest resistance shows at June 07 lows 94.95, followed by yesterday's lows at 95.13.
Yen is by far the strongest major currency for last 2 trading days with Nikkei at the moment down -5.81% for the day, last around the 12600 points, coming from fresh 5.5-year highs shy of the 16k mark just few weeks ago.
Immediate support to the downside for USD/JPY lies at recent fresh 10-week lows/Feb 12 highs 94.36/40, followed by March 18 lows at 93.98, while closest resistance shows at June 07 lows 94.95, followed by yesterday's lows at 95.13.