USD/JPY neutral/bearish stance unchanged below monthly peaks near 109.40, FXStreet’s analyst Pablo Piovano informs.
Key quotes
“USD/JPY appears to have met solid support in the 107.00 region so far this month.”
“The upper end of the range is seen around monthly peaks in the 109.35/40 band.”
“In the very near-term, spot is likely to stick to the consolidative mood.”