Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jan 09 - 05:00 PM
USD/JPY: Bearish; A Pullback Towards 109.80 Would Offer 'Perfect' Selling Opportunity - ING
First appeared on eFXplus on Jan 09 - 10:45 AM

ING discusses USD/JPY technical outlook and maintains a bearish bias on a multi-days basis, and flags the 109.80 as an attractive entry to sell on rallies.

"A pull-back towards the former breakout level around 109.80 would offer a perfect selling opportunity in expecting the development of a lower top followed by the next correction.

We recommend selling the rallies within this rally and waiting for the next bearish set-up," ING adds. 

ING Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer