Dips in USD/JPY are seen as buying opportunities – Commerzbank

Occasional weakness in the pair is regarded as buying opportunities, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “USD/JPY has recently eroded the 200 day ma at 110.20, the 110.48 2 nd February high, 55 week moving average and the 2017-2018 downtrend. This has cleared the path to the 112.12 2015-2018 […]

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