FXstreet.com (Córdoba) - The USD/JPY, which was already under pressure due to the risk aversion environment, extended losses during the American afternoon after a strong US 30-year bond auction. US treasury sold $16 billion at 2.82%.
USD/JPY slumped to a fresh 12-day low of 79.32 after the auction, and it was last down 0.7% at the 79.40 zone. As for technical levels, immediate supports are seen at 79.30, the 79.15/20 area and then 78.90, while on the other hand, resistances could be found at 79.75, 80.00 and 80.40.
USD/JPY slumped to a fresh 12-day low of 79.32 after the auction, and it was last down 0.7% at the 79.40 zone. As for technical levels, immediate supports are seen at 79.30, the 79.15/20 area and then 78.90, while on the other hand, resistances could be found at 79.75, 80.00 and 80.40.
