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Economists at Société Générale analyze USD/JPY technical outlook.
USD/JPY has so far defended the graphical levels of 138/137.20 which is also the 200-DMA. It is worth noting that this region had acted as a hurdle since December and is expected to be an intermittent support. Only a break below would denote possibility of a deeper decline.
In case USD/JPY establishes beyond recent high of 141, the phase of rebound could extend towards 142.50/142.80, the 61.8% retracement from last October and 144.40.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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