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The post USD/JPY holds above 50-DMA, eyes 151.20 resistance – Société Générale appeared on BitcoinEthereumNews.com. USD/JPY is consolidating after rebounding from key trend line support and reclaiming the 50-day moving average, with focus now on the 150.90/151.20 resistance zone, Société Générale’s FX analysts note. USD/JPY consolidates gains, focus on 150.90/151.20 “USD/JPY rebounded after testing multi-month trend line support at 145.70/145.40. The pair recently surpassed the 50-day moving average (now at 147.70) and established an interim high near 150. A brief pullback is underway; however, holding above the 50-DMA (147.70) will be key.” “If the pair defends the moving average, the up move may extend towards the upper end of the range since March at 150.90/151.20; this is an important resistance zone.” Source: https://www.fxstreet.com/news/usd-jpy-holds-above-50-dma-eyes-15120-resistance-societe-generale-202509290938The post USD/JPY holds above 50-DMA, eyes 151.20 resistance – Société Générale appeared on BitcoinEthereumNews.com. USD/JPY is consolidating after rebounding from key trend line support and reclaiming the 50-day moving average, with focus now on the 150.90/151.20 resistance zone, Société Générale’s FX analysts note. USD/JPY consolidates gains, focus on 150.90/151.20 “USD/JPY rebounded after testing multi-month trend line support at 145.70/145.40. The pair recently surpassed the 50-day moving average (now at 147.70) and established an interim high near 150. A brief pullback is underway; however, holding above the 50-DMA (147.70) will be key.” “If the pair defends the moving average, the up move may extend towards the upper end of the range since March at 150.90/151.20; this is an important resistance zone.” Source: https://www.fxstreet.com/news/usd-jpy-holds-above-50-dma-eyes-15120-resistance-societe-generale-202509290938

USD/JPY holds above 50-DMA, eyes 151.20 resistance – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/09/29 21:07

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USD/JPY is consolidating after rebounding from key trend line support and reclaiming the 50-day moving average, with focus now on the 150.90/151.20 resistance zone, Société Générale’s FX analysts note.

USD/JPY consolidates gains, focus on 150.90/151.20

“USD/JPY rebounded after testing multi-month trend line support at 145.70/145.40. The pair recently surpassed the 50-day moving average (now at 147.70) and established an interim high near 150. A brief pullback is underway; however, holding above the 50-DMA (147.70) will be key.”

“If the pair defends the moving average, the up move may extend towards the upper end of the range since March at 150.90/151.20; this is an important resistance zone.”

Source: https://www.fxstreet.com/news/usd-jpy-holds-above-50-dma-eyes-15120-resistance-societe-generale-202509290938

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