FXStreet — The Nomura analysts have a view on their prospects for the USD/JPY.
«The USD/JPY has retreated from its most recent multi month High, and we see a potential shift in the Trends with a subsequent series of lower highs and lower lows.»
«The 100-day MA of 112,95 is back in focus. The bullish momentum signals of fatigue and the DMI shows a shift in the Balance of risks.»
«We see short-term support at 112,80 and a resistance at 113,80.»
** FXStreet News Editorial, FXStreet**