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3 Jul 2015
Barclays: USD/JPY bullish target at 123.90 – eFXnews
FXStreet (Barcelona) - The Technical Strategy Team at Barclays Capital, sees bullish potential for USD/JPY towards 123.90 and 124.40, as noted by eFXnews.
Key Quotes
“USD/JPY: Yesterday’s up-day confirmed Tuesday’s bullish “hammer” candle and endorses our bullish view towards initial targets near 123.90 and then the 124.40 area. A break above the latter would open the 125.85 greater range highs. Further out, we are targeting the 132.20 area.”
This content has been provided under specific arrangement with eFXnews.
Key Quotes
“USD/JPY: Yesterday’s up-day confirmed Tuesday’s bullish “hammer” candle and endorses our bullish view towards initial targets near 123.90 and then the 124.40 area. A break above the latter would open the 125.85 greater range highs. Further out, we are targeting the 132.20 area.”
This content has been provided under specific arrangement with eFXnews.