- USD/JPY to see further gains on a breach of the 114.70/115.50 zone – SocGen
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16 tháng 12 2021
USD/JPY to see further gains on a breach of the 114.70/115.50 zone – SocGen
USD/JPY has embarked on a phase of pullback after reaching graphical resistance zone of 114.70/115.50. A break above here is needed to see another leg higher, economists at Société Générale report.
Important support sits at 112.23/111.65
“The 114.70/115.50 hurdle must be overcome for next leg of uptrend.”
“112.23/111.65 will be an important support.”
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