ANALYSIS
NQ100 Finds Support from PPIApr 14
Descending Channel Movement Continues In GBPJPY
Strikes against wages lowered by inflation in the UK are weighing on the pound. On the other hand, we see that the Japanese yen has found demand after the change in the BoJ's yield curve policy. From this point of view, if the parity, which has confirmed the intermediate uptrend and ended it, can break the support of 158.70 below, the sales can accelerate until the decline to the level of 156.00 after 157.35. In possible recovery attempts, 161.25 and 162.65 resistances can be followed.
