USD/JPY pulls back after 157.90 rejection – Société Générale

USD/JPY pulls back after 157.90 rejection – Société Générale

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USD/JPY has retreated from strong resistance near 157.90 but remains supported above the 50-day moving average, with near-term price action likely to stay rangebound unless a clear break above 156.95 triggers renewed upside momentum, Société Générale’s FX analysts note…
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