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Daily Market Outlook
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| Daily
Market Outlook (20 Sep 2018) |
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| Update
Time: |
20 Sep 2018 08:06GMT |
| Next Update
At: |
00:30GMT |
USD/JPY - 112.26
Tthe greenback's break of Tuesday's 7-week peak at 112.39 to 112.45 yesterday due partly to comments from Bank of Japan Governor Haruhiko Kuroda suggests upmove from August's trough at 109.78 remains in progress and further gain towards 112.80 would be seen, however, over bough condition would keep price below 113.00.
On the downside, only below 111.66 would indicate a temporary top has been made and risk stronger retracement towards 111.38/40. |
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