USD/JPY tests key support near 139.50 – Société Générale

  • USD/JPY continues to slide after breaking below a flag-like channel, hitting last year's low around 139.50/138.90. With no clear signs of a rebound, the pair remains vulnerable to further losses toward key projections at 136.50 and 134.80 unless support holds, Société Générale's FX analysts note, Société Générale's FX analysts note.