USD/JPY: Bullish S/T; A Daily Close Above 111.35 Confirms Bottom Formation For 118 Target – ING

USD/JPY moved up as the greenback took one leg higher. What’s next? After the dovish Bank of Japan decision, the Fed will likely be hawkish. On this background and for other reasons, there is room to the upside. Here is their view, courtesy of eFXdata: ING discusses USD/JPY technical outlook and maintains an ‘UP’rating in the near-term (see […]

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