USD/JPY trades steady above 146.50. Economists at Société Générale analyze the pair’s technical outlook. Break below 144.50 essential to affirm deeper
Break below 144.50 essential to affirm deeper pullback
If the pair fails to defend 144.50, there would be risk of a deeper downtrend. In such a scenario, the next potential objectives could be at 143, the 23.6% retracement from January and 141.50/141.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.
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