USD/JPY still points to consolidation – OCBC

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Edinburgh) - The pair remains poised for further consolidation between 122.00 and 124.00 for the time being.

    Key Quotes

    USD-JPY may continue to trawl a 122.00-124.00 range pending further USD cues with the BOJ arguably still perceived to be a relatively easy sell in terms of being still in bearish posture”.
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