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USD/JPY to find support from yields, may face resistance above 109.00 - SocGen

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Old 12-07-2019, 05:09
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Default USD/JPY to find support from yields, may face resistance above 109.00 - SocGen

The firm argues that the dollar should stay supported ForexLive Saying that the decline in USD/JPY may be limited due to higher Treasury yields and US stocks, although gains are expected to face a hurdle above the 109.00 level. The firm expects the pair tot trade within a range of 108.20-90 today as traders seek fresh direction.

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