FXStreet (Łódź) - The eFXnews team point out that SEB expects USD/JPY to drop in the nearest future.



Key quotes



"Yesterday’s spinning top and an hourly five wave pattern lower both suggest that we might have seen the reaction high yesterday."



"For today we see a break of 102.43 to increase downside pressure and below 102.30 downside pressure will be further mounting."



'This content has been provided under specific arrangement with eFXnews.'



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Yen to benefit on Grexit uncertainty - FXStreet

  2. Forex News

    USD/JPY clings to 121.50

  3. Forex News

    USD/JPY recovers in impulsive fashion – EW-Forecast

  4. Forex News

    USD/JPY remains a sell for 120.10 – Growth Aces

  5. Forex News

    USD/JPY falls into losses

Trading Center