USDJPY - Long - Continued Upside Momentum
2019-11-28 19:50:34
We still see USDJPY moving higher as the FED has indicated that they will not cut rates despite downside risks. Additionally, optimism surrounding a US/China trade deal provides further upside momentum to the currency pair, which we believe could challenge 110.40 in the coming trading sessions if it doesn't drop below support at 109.26.