USD/JPY having another go at topside barrier interest

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We’re back up at 82.90 amid talk of decent Middle Eastern buying of the EUR/JPY cross.

Earlier reports had 2 yards on the offer at 82.95 thru 83.00.

C’mon, what’s 2 billion dollars in the scheme of things.  Mere chicken feed :) 2.1 billion buy interest will sort that out ;)

2012-12-12T12:39:05+0000

All|Europe|Forex Orders|Market Rumors|Regions

EUR/JPY|USD/JPY

Gerry Davies

2 Comments

  1. Gosh, get away from my NZDJPY buy stop already! ;) Are we really breaking out of a multi-year range to 70+ without so much of a retrace? This thing is a beast.

  2. Hi Gerry,
    if this pair could break this 83,00 barrier, where can be the top?
    Is it realistic that this pair will be able to reach 90,00 level in the next months?
    Which side will be stronger in weakening? :)

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