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Economists at Société Générale analyze USD/JPY technical outlook.
After a brief pause, USD/JPY has resumed its phase of rebound. The pair is now challenging a multi-month channel band; an initial pullback is not ruled out however 200-DMA near 138/137.20 is expected to provide support. Defending this can lead to continuation in up move.
Next potential hurdles are at 142.50/142.80, the 61.8% retracement from last year and 144.40.
See: USD/JPY to break above 142.25/50 toward next resistance at resistance at 145.00/12 – Credit Suisse
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
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