23 Oct 2015
USD/JPY: now targets 121.75 - UOB
FXStreet (Guatemala) - Analysts at UOB noted the current bullish phase in USD/JPY.
Key Quotes:
"Outlook clearly bullish now with a target of 121.75 The move higher to 120.55 was not surprising and the clear break above this level clearly indicates the start of a bullish phase in USD. The target is at 121.75, stop-loss is at 119.70 but 120.55 is already a strong support."
Key Quotes:
"Outlook clearly bullish now with a target of 121.75 The move higher to 120.55 was not surprising and the clear break above this level clearly indicates the start of a bullish phase in USD. The target is at 121.75, stop-loss is at 119.70 but 120.55 is already a strong support."