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Trader, analyst and instructor with a 6-year experience

UBS: go short on USD/JPY and EUR/JPY

USD/JPY

Strategists at UBS recommend going short on USD/JPY around 101.50 with a stop at 101.80/90, the target hasn't been set.

Chart. H4 USD/JPY

EUR/JPY

As for EUR/JPY, analysts advice to go short on a recovery to 137.50 with a stop above 138.00 and an initial target at 136.23.

Chart. H4 EUR/JPY

 

JPY
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