FXMarketAlerts Team
FXMarketAlerts
Published at 13:50 (GMT) 24 Oct
In the early stages of cash trading in US equities, we see the leading indices in positive territory, though modestly so, but looks enough to keep USD/JPY and more so the crosses at better levels. USD/JPY has returned to 108.00+, but it is EURJPY and AUD/JPY leading the way, with 137.00 and 95.00 levels respectively breached. A little more upside left in AUD/JPY before we come up against strong resistance just ahead of 96.00, though there is little momentum seen in the EUR/JPY breach of the 2 week highs.
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