FXStreet (Barcelona) – Analysts at UOB Group, expect USD/JPY to make another move lower towards 121.50 in the coming days.
Key Quotes
“While downward momentum is not very strong at this stage, we continue to expect USD to stage another leg lower towards the major support at 121.50 in the coming days. Stop-loss remains at 123.55 even though 123.00 is already a very strong short-term resistance.”
(Market News Provided by FXstreet)