SEB: USD/JPY should soon roll over lower - eFXnews

By | Updated August 15, 2014 AAA

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."

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