USD/JPY bullish ride terminated - UOB Group

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - The Market Strategy Team at UOB Group give us a very snap shot at the USD/JPY.



Key Quotes:



"The break below the strong support at 102.00 indicates an end to the bullish phase. The outlook for the next week or so is mixed, expect a broad sideway trading range between 101.45 and 102.60."



You May Also Like

Related Forex Analysis
  1. Forex News

    Weekly Trading Forecast: Will Fed and Greek Elections Keep FX Volatility Boiling

  2. Forex News

    Bullish USD/JPY Outlook Vulnerable to Less-Hawkish Fed, Dismal US GDP

  3. Forex News

    USD/JPY is finishing a choppy week below 20DMA resistance

  4. Forex News

    How Volume and Sentiment Points Towards USDJPY Decline

  5. Forex News

    USD/JPY testing 118.00

Trading Center