USD/JPY: 120.85 needs to give - UOB

FXStreet (Guatemala) - Analysts at UOB Group explained that there is not much to add here in respect of USD/JPY.

Key Quotes:

"USD continues to trade in a listless manner. We continue to hold a neutral view and expect trading to be confined to a 118.30/120.50 range."

"Even a break above 120.50 is not expected to move significantly above the next resistance at 120.85 (last month’s peak)."