USD/JPY: Door open to 133.00? – UOB By pabspiovano USDJPY Currencies Majors Banks
could reach the 133.00 region in the near term, suggested FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.24-hour view: “While we expected USD to advance yesterday, we were of the view that ‘the major resistance at 131.35 is unlikely to come into the picture’. We did not expect the rapid upward acceleration that easily cracked 131.35 as USD rocketed to a high of 132.01. USD extended its advance during early Asian hours and further USD strength would not be surprising.
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