ANALYSIS
NQ100 Finds Support from PPIApr 14
99.50 Will Be Decisive in CADJPY
The cautious optimism observed in the investor sentiment before the Bank of Japan (BoJ) Presidency change is putting pressure on the yen. From this point of view, if the parity, which erases its 2-month losses, can hold on above 99.50, it may enter the consolidation phase and bring the level of 101.25 to the agenda after 100.65. In surprise drops below 99.50; 98.90 and 98.30 supports can be observed.
