USD/JPY: Support is seen at 129.62/52 and eventually 127.53/27 – Credit Suisse USDJPY Banks
“The recovery in USD/JPY last week was unable to hold above the 134.50 recent high. This adds weight to the core view recent strength has been corrective only.”
“Resistance is seen at 132.96 initially, then 133.24, with 134.78/89 expected to remain a major cap.”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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