25 Jul 2014
SEB: USD/JPY resistance at 102.05 is challenged- eFXnews
FXStreet (Łódź) - The eFXnews team point out that SEB sees pressure on USD/JPY resistance at 10.80/00.
Key quotes
“The spot is soon above where spot traded a month ago and the bullish looking session close yesterday puts pressure on resistance at 10.80/00 -over which extension towards 102.27/38 should be penned in.”
“Back under 101.31 is needed to short-term become yen positive again.”
“Current intraday stretches are located at 101.40 & 102.05.”
‘This content has been provided under specific arrangement with eFXnews.’
Key quotes
“The spot is soon above where spot traded a month ago and the bullish looking session close yesterday puts pressure on resistance at 10.80/00 -over which extension towards 102.27/38 should be penned in.”
“Back under 101.31 is needed to short-term become yen positive again.”
“Current intraday stretches are located at 101.40 & 102.05.”
‘This content has been provided under specific arrangement with eFXnews.’