ANALYSIS
NQ100 Finds Support from PPIApr 14
Watching 148.10 Resistance On CHFJPY
The inclusion of loose monetary policy in the Monetary Policy Meeting Summary of the Bank of Japan (BoJ) ensures that the upward movements in the parity continue. In the parity, where we follow the resistance of 148.10, which is indicated by the upper band of the major ascending channel, if this region does not end the rises, the 149.40 level can enter our radar in the currency pair, which will turn into a new channel formation. However, 146.75 and 146.28 supports may come to the agenda again in the exchange rate, which may show decreases in permanence within the channel.
