UBS - USDJPY Bullish. While 86.67 holds, the risk is for resumption of strength; USDCHF Bearish, the risk is for resumption of downside

UBS - "USDJPY BULLISH The pair is consolidating and the strong support lies at 86.67. While this holds, the risk is for resumption of strength. Resistance is at 88.41 ahead of 89.19.
USDCHF BEARISH With the momentum threatening to cross lower, the risk is for resumption of downside. Support lies at 0.9165 ahead of 0.9079. Resistance is at 0.9303/47."

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Tags: UBS, USD/CHF, USD/JPY, USDCHF, USDJPY

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