{"id":142699,"date":"2023-09-01T19:08:47","date_gmt":"2023-09-01T13:38:47","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=142699"},"modified":"2023-09-01T19:08:47","modified_gmt":"2023-09-01T13:38:47","slug":"usd-jpy-set-to-suffer-a-deeper-setback-credit-suisse-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-jpy-set-to-suffer-a-deeper-setback-credit-suisse-crypto-news\/","title":{"rendered":"USD\/JPY set to suffer a deeper setback \u2013 Credit Suisse &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> has likely peaked for now, but Credit Suisse\u2019s broader <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a> remains positive.<\/p>\n<h2 class=\"fxs_headline_medium\">Initial support aligns at 143.89<\/h2>\n<blockquote>\n<p>USD\/JPY has retested and again been capped at the 78.6% retracement of the 2022\/2023 fall at 146.66 and top of the trend channel, now seen higher at 147.10, and we look for a deeper setback from here.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Support is seen at 143.89 initially ahead of the 38.2% retracement of the rally from July and price support at 143.30\/00, which we look to try and hold. Below 141.43 though remains needed to warn of more sustained phase of weakness in the broader range.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Big picture, our bias remains to view weakness as temporary and corrective ahead of a move above 146.66 in due course for our core and long-held target at the \u2018measured base objective\u2019 at 148.57.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/JPY has likely peaked for now, but Credit Suisse\u2019s broader outlook remains positive. Initial support aligns at 143.89 USD\/JPY has retested and again been capped at the 78.6% retracement of the 2022\/2023 fall at 146.66 and top of the trend channel, now seen higher at 147.10, and we look for a deeper setback from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,275,256,254],"class_list":["post-142699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=142699"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142699\/revisions"}],"predecessor-version":[{"id":142700,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142699\/revisions\/142700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6406"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=142699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=142699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=142699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}