18 Nov 2015
USD/JPy testing critical resistance - UOB
FXStreet (Guatemala) - Analysts at UOB are looking for another leg higher while USD/JPY is testing key resistance.
Key Quotes:
"Bullish: Break above 123.60 would shift the focus to 124.60. The current movement is likely the early stages of a sustained up-move.
A break above the immediate target at 123.60 would shift the focus to 124.60. Stop-loss has been moved higher to 122.20 from 121.80."
Key Quotes:
"Bullish: Break above 123.60 would shift the focus to 124.60. The current movement is likely the early stages of a sustained up-move.
A break above the immediate target at 123.60 would shift the focus to 124.60. Stop-loss has been moved higher to 122.20 from 121.80."