USD/JPY: Bearish; A Pullback Towards 109.80 Would Offer ‘Perfect’ Selling Opportunity – ING

Dollar/yen dropped as part of the greenback sell-off that followed the dovish twist from the Fed. What’s next? Here is their view, courtesy of eFXdata: ING discusses USD/JPY technical outlook and maintains a bearish bias on a multi-day basis, and flags the 109.80 as an attractive entry to sell on rallies. “A pull-back towards the former breakout […]

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