USD/JPY: A bullish scenario on 121 handle - UOB

FXStreet (Guatemala) - Analysts at UOB Group noted the conditions surrounding USD/JPY bid and sight key support on 121 handle.

Key Quotes:

"The current movement is likely a short-term consolidation phase that may last for several days but as long as 120.10 is intact, another leg higher
towards the year’s high at 122.00 is still a clear possibility."