FX Strategists at UOB Group believe USD/JPY still faces a probable break below the 105.00 level in the next weeks. Key Quotes 24-hour view: “Yesterday, we held the view that USD ‘could grind lower to 104.80’ and ‘the next support at 104.40 is unlikely to come into the picture’. Our view was not wrong as USD dipped to 104.75 before recovering. Downward momentum has eased and for today, USD is expe
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