USD/JPY to find support from yields, may face resistance above 109.00 – SocGen

The firm argues that the dollar should stay supported
Saying that the decline in USD/JPY may be limited due to higher Treasury yields and US stocks, although gains are expected to face a hurdle above the 109.00 level. The firm expects the pair tot trade within a range of 108.20-90 today as traders seek fresh direction.