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Daily Market Outlook (21 Nov 2019)
Update Time: 21 Nov 2019 07:54GMT
Next Update At: 00:30GMT
USD/JPY - 108.58

Dollar's retreat from Monday's high at 109.06 to 108.29 in Asia today suggests recovery from last Thursday's 108.25 bottom has ended and subsequent rebound would bring range trading before prospect of another fall, below 108.25 would extend decline from Nov's 5-month peak at 109.48 towards 107.90 (Nov's low).  
  
On the upside, only above 108.84 would risk stronger retracement to 109.06, break 109.25/29.
 

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