USD/JPY sticks to the 114.40-116.30 range – UOB By pabspiovano USDJPY Currencies Majors Banks
Key Quotes
Next 1-3 weeks: “We highlighted yesterday that downward momentum is beginning to build but USD has to close below 114.40 before further weakness is likely. However, USD rebounded strongly and took out our ‘strong resistance’ level at 115.40. The sharp but short-lived swings over the past few days have resulted in a mixedInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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