USD/JPY to push higher towards the 117.10/117.40 area – SocGen USDJPY Banks
is unfolding a pause in its up move after forming a double top at 116.35. The pair is staying relatively quiet near 115.50 and analysts at Société Générale expect USD/JPY to see further gains towards the 117.10/117.40 region.“A large downside is not envisaged. Neckline at 113.45 is near-term support.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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