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Economists at Société Générale analyze USD/JPY technical outlook.
USD/JPY gave a break above a large consolidation last month and reclaimed the 200-DMA. This has resulted in a steady uptrend.
The pair is gradually heading towards next potential hurdles at projections of 144.40/145 and 146.10, the 76.4% retracement from last October. The move is a bit stretched and achievement of these levels could result in a pause.
If a pullback develops, last month high of 141 is expected to be a short-term support.
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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