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Forex pairs in this Article » USD/JPY (London) - Karen Jones, chief analysts at Commerzbank eyes weakness in the USD/JPY.

Key Quotes:

“USD/JPY has stalled at 100.62 and looks set for some further near term weakness”.

“There is a substantial divergence of the 240 minute RSI and we suspect that we will see some near term consolidation. Near term support remains to be seen along the 55 day ma at 98.90”.

“The triangle remains valid above the 97.10 support line, but ideally we should now see dips hold circa 98.76”.
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