fxstreet.com 29 Jan, 2021 08:15 am

USD/JPY faces potential upside to the 104.75 area – UOB

USD/JPY faces potential upside to the 104.75 area – UOB
USD/JPY keeps the positive view and could attempt a move to the 104.75 in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour vi

As highlighted, ‘risk for USD has shifted to the upside but the solid resistance at 104.Looking ahead, the next resistance above 104.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.USD rose sharply after opening this morning and the rapid pick-up in momentum suggests that USD could strengthen further but the odds for sustained advance above 104.

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