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USD/JPY to slide towards the 107.36 mark – Commerzbank

FXStreet.com
 28 days ago

Cover picture for the articleUSD/JPY has bounced from the 109.12/07 lows. However, the pair’s upside remains capped below 110.25. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects USD/JPY to drop as low as 107.36. “Key overhead resistance lies at 110.25/85. While capped here, we favour the downside.”. “Immediate supports are 109.07/10...

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