0155 GMT - The dollar is attempting to hold above 158 yen, which is near the weekly "S1" pivot point on technical charts, StoneX's Matt Simpson says in commentary. If the greenback can manage a minor bounce against the yen, dollar bears may seek to "fade into moves towards resistance areas" versus the yen, the senior market analyst says. These include the dollar's resistance area around Y158.60 or the weekly pivot point around Y158.80, Simpson says. On the downside, a dollar break below Y158 brings the weekly volume point of control at Y157.65 into focus, the analyst adds. The dollar is 0.2% higher at Y158.53, LSEG data show.
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