USD/JPY creeping higher - FXBeat

By FXstreet.com | Updated August 15, 2014 AAA

FXStreet (Łódź) -
">Matt Bacon-Hall, Editor at FXBeat, sees the USD/JPY moving upwards on Friday.



Key quotes



"USD/JPY traded to 101.50 about this time last week as geopolitcal risks dominated the headlines."



"However, here we are back at 102.60...almost right back where we started."



"The topside now looks vulnerable, with buy stops from medium term accounts above 103.10 and again through 103.25."



"Just need to clear those 102.80-00 offers!"



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