USD/JPY: 200DMA at 136.50 could cap the bounce – SocGen USDJPY Banks
“Holding above 129.50, a short-term up move is not ruled out towards the 200DMA at 136.50; this could cap the upside.”
“Below 129.50, next potential supports are located at projections of 128 and peak of 2015 near 125.85/124.00.”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. You should do your own thorough research before making any investment decisions.
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