#USDJPY @ 144.217 to eventually push towards 153.00 – Credit Suisse
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
USD/JPY continues to advance higher. Economists at Credit Suisse expect the pair to reach their r long-held target at 147.62/153.01.
“We stay with our long-held bullish view and look for further upside to our long-term core objective at 147.62/153.01 – the 38.2% retracement of the entire fall from 1982 and price high of 1998. Our bias remains to see a move towards the upper end of this zone, where we would then stay alert to a potentially important top.”
“Any abrupt setback is ideally held at 139.43/39 to keep the risk directly higher.”
[/s2If]
Join Our Telegram Group
