USD/JPY scales 144 for first time since 7th July. Economists at Société Générale analyze the pair’s technical outlook.
50-DMA near 141.50 is crucial support
USD/JPY has embarked on a steady rebound after defending the upper part of previous consolidation zone near 138/137. It is approaching the peak of June near 144.50/145.00 which could be a potential resistance.
Daily MACD has entered within positive territory denoting prevalence of upward momentum.
In case the pair establishes above 144.50/145.00, the phase of bounce could extend towards 146.10, the 76.4% retracement from last October and 147.90.
The 50-DMA near 141.50 is crucial support
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
