USD/JPY still under pressure after failing to sustain the upside break – Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank, notes that the failure to sustain the break of 121.40 levels led the USD/JPY to dive under pressure, forecasting the pair to extend losses to 117.25/20 levels.
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Germany Harmonised Index of Consumer Prices (MoM) in line with forecasts (0%) in November

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