Bank of America Merrill Lynch issued a recommendation for the USDJPY currency pair.
The Bank recommends taking a short pending position on the pair with following levels:
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Create account Try a demo Download mobile app Download mobile appEntry (Sell Limit): 110.50
Target: 105.50
Stop: 113.00
Bank of America Merrill Lynch recommends taking a short position on USDJPY with a limit order at 110.50, a target of 105.50 and a stop loss order placed at 113.00. Source: xStation5
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