“USD/JPY Bearish Triangle Looms: Credit Suisse Sees Q2 Downtrend Amid ‘Risk-Off’ Sentiment”
Share: USD/JPY has extended its recovery; however, economists at Credit Suisse view the current price action as a potential bearish “triangle” continuation pattern and continue to look for the range to be eventually resolved lower. “Triangle” consolidation phase may last a while: “We now look for further near-term strength in what is looking like the […]