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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.
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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