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USD/JPY trading in a tight range – FXMarketAlerts

FXStreet (Barcelona) - The FXMarketAlerts Team shares the technical outlook for USD/JPY and AUD/JPY.

Key Quotes

“USD/JPY at day lows 118.57-60, down from 118.70-75, in relatively tight range market. USD/JPY offers at 118.90-00, Japanese real money bids at 118.40-50/ more at 118.00-20. Ongoing focus on Greece concerns.”

“AUD/JPY back down at 92.70-75, down from highs around 93.15-25, hit on AUD rally in early trade on PBoC RRR 1% cut to 18.5%. AUD/JPY offers at 93.10-20, bids at 92.40-50/92.00 lows.”

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