16 Jun 2015
SEB: USD/JPY sees scope for 124.63/84 before dipping lower - eFXnews
FXStreet (Barcelona) - The Technical Strategy Team at SEB seeks scope for higher levels towards 124.63/84 before the pair makes another downside attempt, as noted by eFXnews.
Key Quotes
“The downside risk still lingers, but if making way through local resistance at 123.82, there is scope for a near-term rebound towards 124.63\84 before another downside attempt is made.”
“The near-term bullish possibility would evaporate with a move back under 123.10.”
“Current intraday stretches are located at 122.55 & 124.40.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“The downside risk still lingers, but if making way through local resistance at 123.82, there is scope for a near-term rebound towards 124.63\84 before another downside attempt is made.”
“The near-term bullish possibility would evaporate with a move back under 123.10.”
“Current intraday stretches are located at 122.55 & 124.40.”
This content has been provided under specific arrangement with eFXnews.