USD/JPY locked in a tight range as traders await fresh catalysts in the form of the Fed and the BoJ next week, economists at Société Générale report.
A break above 147.80/148.10 is essential to affirm continuation in up move
A break above upper part of recent consolidation at 147.80/148.10 which is also the trend line connecting highs of June and August is essential to affirm continuation in up move. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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