USD/JPY: Next of note on the downside comes 134.00 – UOB

is predicted to meet the next solid support at 134.00, comment UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.24-hour view: “Yesterday, we indicated that ‘The strong downward momentum in USD is likely to continue’. We added, ‘The support levels to monitor are at 136.40 and 135.50’. USD took out both support levels as it plunged to a low of 135.20 in NY trade.

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