Societe Generale analysts note USD/JPY failed to sustain a breakout above its multi‑year range and is consolidating above the 50‑day moving average.
Societe Generale analysts note USD/JPY failed to sustain a breakout above its multi‑year range and is consolidating above the 50‑day moving average. They highlight a crucial support zone around 158.30/157.50 and resistance near 160.50.