USD/JPY: listless trading, waiting a breakout - UOB

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at UOB continue to expect listless trading in USD/JPY.

    Key Quotes:

    "This pair continues to trade listlessly and further sideway trading is likely albeit at a lower range compared to yesterday. Expected range; 119.70/120.25.

    USD continues to trade listlessly and there is no change to our current neutral view. The 119.50/121.30 range is expected to hold, at least for another couple of days."
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