ANALYSIS
NQ100 Finds Support from PPIApr 14
USDJPY Attempts to Limit Its Fall
As a result of the decreases in the dollar index, the downward movement in the parity reached the critical threshold. While we are following the 136.05 support, which is indicated by the lower band of the minor ascending channel, the declines towards the 135.95 and 135.60 supports may continue in a permanence that can be achieved under this region. However, in the general framework, while closings above 135.60 support in the parity, which is on the upward trend, are expected to appease the upward movements again, it may be desired to target 137.20 and 137.90 resistances in the permanences that can be achieved above the 136.60 level.
