USD/JPY moved into a consolidation phase – UOB

The pair remains neutral and has moved into a broad consolidative range, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “USD reversed an initial sharp decline and rebounded sharply after touching a low of 109.53. While the recovery from the low lacks momentum, there is scope for extension to 110.40. For now, a […]

The post USD/JPY moved into a consolidation phase – UOB appeared first on Forex Crunch.

Add a Comment