USD/JPY continues to target 131.15 – UOB – by pabspiovano USDJPY Currencies Majors Banks
Key Quotes
Next 1-3 weeks: “Our update from yesterday is still valid. As highlighted, while upward momentum is showing signs of increasing, USD has to break above 131.15 before a sustained advance is likely. The chance of USD breaking above 131.15 will remain in place as long as USD stays above 129.30 within the next few days. Looking ahead, the next resistance level above 131.15 is at 132.00.”
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