USD/JPY: December peak of 137.70/138.10 must be overcome to affirm a larger rebound – SocGen USDJPY Banks
Resistance at 137.70/138.10, key support at 134.00
“In case the pair establishes itself above the hurdle at 137.70/138.10, the up move could extend towards 139.50, the 50% retracement from last October and 142.30/142.60.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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