Ekonomické zprávy
22.10.2021

USD/JPY to suffer a retracement towards support at 113.30 - SocGen

FXStreet reports that economists at Société Générale expect USD/JPY to correct lower but with the 113.30-level holding.

“An initial pullback can’t be ruled out however 113.30, the 23.6% retracement from August could provide support.”

“A large decline is not envisaged so long as 2020 highs of 112.23/111.65 holds.”

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