18 Nov 2013
Flash: USD/JPY look bullish ahead - UOB
FXstreet.com (Barcelona) - Quek Ser Leang, Technical Analyst at UOB has a bullish outlook for USD/JPY, and is expecting a move to 100.62 followed by 101.54.
Key Quotes
“There is no change to the view highlighted in Chart of the Day last Friday. While the high of 100.43 did not meet the immediate target at 100.62, the outlook still appears bullish from here.”
“As long as the key support at 99.05/10 is intact, the targets remain unchanged at 100.62 followed by 101.54.”
“Support: 99.40, 99.05/10 , Resistance : 100.62, 101.54 ”
Key Quotes
“There is no change to the view highlighted in Chart of the Day last Friday. While the high of 100.43 did not meet the immediate target at 100.62, the outlook still appears bullish from here.”
“As long as the key support at 99.05/10 is intact, the targets remain unchanged at 100.62 followed by 101.54.”
“Support: 99.40, 99.05/10 , Resistance : 100.62, 101.54 ”