FXStreet (Barcelona) – The Technical Strategy Team at Barclays Capital, sees bullish potential for USD/JPY towards 123.90 and 124.40, as noted by eFXnews.
Key Quotes
“USD/JPY: Yesterday’s up-day confirmed Tuesday’s bullish “hammer” candle and endorses our bullish view towards initial targets near 123.90 and then the 124.40 area. A break above the latter would open the 125.85 greater range highs. Further out, we are targeting the 132.20 area.”
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