Reuters reports comments from the Head of FX and money-market sales at Societe Generale in Tokyo, as he offers his view on the USD/JPY pair. Key Headlines: USD/JPY may have more upside. Cites it breaking a three-year descending trend line, breakthrough of this resistance is “significant”. Nominates target 200-week moving average around 113.26. Warns “risk of being caught wrong-footed by betting that USD/JPY won’t rise”. a concern that it wasn’t the dollar-based reason that boosted the greenback on Wednesday USD/JPY range revised higher. 110 looks to be a strong support. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Trade war risks rising – NAB FX Street 3 years Reuters reports comments from the Head of FX and money-market sales at Societe Generale in Tokyo, as he offers his view on the USD/JPY pair. Key Headlines: USD/JPY may have more upside. Cites it breaking a three-year descending trend line, breakthrough of this resistance is "significant". Nominates target 200-week moving average around 113.26. Warns "risk of being caught wrong-footed by betting that USD/JPY won't rise". a concern that it wasn't the dollar-based reason that boosted the greenback on Wednesday USD/JPY range revised higher. 110 looks to be a strong support. Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
