SG eyeing 115.50 in USD/JPY, target as high as above 117

Author: Eamonn Sheridan | Category: News

Société Générale have outlined levels they are watching for USD/JPY.

Analysts at the bank nominate 115.50 as a level from back in March of 2017. 
  • Say that if there is a pullback from there then the lowe from last week circa 113.60 should 'cushion' it. 
On a break above 115.50, the topside objective is projected at 116.50 with potential to 117.10.

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