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Instrument: USDJPY
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 140.660 with take profit at 140.832.
Bearish Preference:
A sell position is envisaged if the price trades below 140.093 with take profit at 139.723
Fundamentals:
None with High Impact
Comment:
Most Asian currencies kept to a tight range on Monday, while the dollar steadied at a two-month high as signs of sticky inflation and rising U.S. interest rates largely offset optimism over a U.S. debt ceiling deal.
Analysis: SCRUM Team
