(Bloomberg) -- The dollar may climb to 121.50 yen in coming days after rising above 119.87 yen, said Akifumi Uchida, deputy general manager of the marketing unit at Sumitomo Trust & Banking Co. in Tokyo.
So-called resistance at 119.87 yen is the dollar's highs reached on April 16 and yesterday, and 121.50 yen is near 121.64 yen, the high set on Feb. 23 when the U.S. currency started its slide to 115.15 yen on March 5, Uchida said.
Read more at Bloomberg Currencies News
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