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USD/JPY back in the 107 territory

FXStreet (Barcelona) - USD/JPY is trading at 107.03, up 0.03% on the day, having posted a daily high at 107.13 and low at 106.95.

USD/JPY has moved in on the 107 handle again but lacks the conviction necessary for a firm accomplishment of the handle as we enter the Asian shift that brings us only the trade figures from Japan. These are unlikely to impact the Yen in any great shape. It is indeed therefore a quiet shift on the calendar and focus will likely remain on the activity around the chatter of the ECB from previous hours trading, the CPI from the US later on and also the forthcoming week that will centre around the FOMC.

USD/JPY noteworthy levels

Current price is 107.04, with resistance ahead at 107.04 (Yesterday's High), 107.04 (Daily Classic PP), 107.05 (Weekly High), 107.13 (Daily High) and 107.31 (Daily Classic R1). Next support to the downside can be found at 107.00 (Daily Open), 106.95 (Hourly 200 SMA), 106.95 (Daily Low), 106.80 (Hourly 20 EMA) and 106.68 (Daily Classic S1).

EUR/USD challenging daily lows early Asia

s the day comes to an end, the EUR/USD trades at a new daily low of 1.2713 a couple of pips below the one set early US opening. The pair has been affected but rumors the ECB was ready to purchase junk bonds...
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