ForexLive Asian market open: JPY crosses open slightly lower

Author: Sean Lee | Category: News

AUD/JPY is the main barometer of risk during the Asian timezone and it has opened 40 pips lower in early interbank trade. AUD/USD has broken below technical support at .8690 and the USD/JPY close on Friday below the important 87.00 level is also a bearish event. EUR/USD is trading at 1.2905, EUR/CHF at 1.3535 and cable at 1.5280.

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