SEB: USD/JPY testing support at 108.17/107.75 - eFXnews

FXStreet (Łódź) - The eFXnews team point out that according to SEB we should expect a new USD/JPY downside test, after seeing the near-term lower high and yesterday's bearish print.

Key quotes

"The 'Equality point' in this formation comes in at 109.91 would ditch this and argues for fresh highs instead."

"Current intraday stretches are located at 108.50 & 109.65."

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