SocGen: Watch Out for Strong Support at 135.20/134.60 Zone in Market Pullback
The USD/JPY pair has seen its retracement extend below 136, however, economists at Société Générale expect the pair to find solid support at the 135.20/134.60 zone. The pair has recently been challenging the 200-DMA and is close to the graphical resistance of 138, representing December/March peaks. This hurdle must be overcome to affirm a larger […]