USD/JPY: Negative bias below 109.09 – Commerzbank

Published: 14/01/2019
USD/JPY: Negative bias below 109.09 – Commerzbank
Source: WWW.FXSTREET.COM

Karen Jones, analyst at Commerzbank, USD/JPY pair is likely to remain offered, while capped by the 109.09 resistance and is currently consolidating just below 109.00 levels. Key Quotes “It is back under pressure and we would allow slippage back towards the 104.10 spike low.” “The recent move lower was exhaustive and we suspect that this will hold for now. A negative bias remains

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