USD/JPY points to extra consolidation – UOB – by pabspiovano USDJPY Currencies Majors Banks
24-hour view: “Yesterday, we held the view that the outlook is mixed and we expected USD to trade in a choppy manner within a broad range of 135.70/137.70. However, USD traded in a relatively quiet manner between 136.16 and 137.24. The relatively quiet price actions offer no fresh clues and we expect USD to trade between 136.30 and 137.35 for today.”
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