FXStreet (Łódź) - The eFXnews team remark out that the SEB expects USD/JPY to target the 103.34 level next.
"An earlier potentially bearish candle was overrun by yesterday's high and bullish looking session close and continuation higher this morning."
"This puts a short-term topside 'Equality point' at 103.34 in focus and if not stopping there, the bar has to be lifted to the next set of refs (medium- & long-term) at 103.60/68."
"Premier support is located at 102.72 followed by dynamic supports, now at 102.63 & 102.27. Back under 102.13 would be renewed bearish."
"Intraday stretches are located at 102.40 & 103.45."
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