{"id":163623,"date":"2023-09-27T11:49:35","date_gmt":"2023-09-27T06:19:35","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=163623"},"modified":"2023-09-27T11:49:35","modified_gmt":"2023-09-27T06:19:35","slug":"further-upside-could-see-149-50-retested-uob-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/further-upside-could-see-149-50-retested-uob-crypto-news\/","title":{"rendered":"Further upside could see 149.50 retested \u2013 UOB &#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>The continuation of the upside momentum could push <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\"><strong>USD\/JPY<\/strong><\/a> to the 149.50 zone in the next few weeks, according to UOB Group\u2019s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia.<\/p>\n<h2 class=\"fxs_headline_medium\">Key Quotes<\/h2>\n<blockquote>\n<p>24-hour view:\u00a0We highlighted yesterday that USD \u201cis likely to rise above 149.00 but is unlikely to reach 149.50.\u201d We also highlighted that \u201cthere is another resistance level at 149.20.\u201d Our view was not wrong, as USD rose to 149.19 before pulling back quickly. While there is no clear increase in momentum, the bias for today is tilted to the upside. However, any advance is still unlikely to reach 149.50. If USD breaks below 148.65 (minor support is at 148.85), it would mean that the current mild upward pressure has faded.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Next 1-3 weeks:\u00a0Yesterday (26 Sep, spot at 148.95), we indicated that \u201cupward momentum has improved further and USD could advance to 149.50.\u201d There is no change in our view. Only a break of 148.10 (\u2018strong support\u2019 level was at 147.80 yesterday) would indicate that the current upward pressure has faded. Looking ahead, if USD breaks above 149.50, the focus will shift to 150.00.<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The continuation of the upside momentum could push USD\/JPY to the 149.50 zone in the next few weeks, according to UOB Group\u2019s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia. Key Quotes 24-hour view:\u00a0We highlighted yesterday that USD \u201cis likely to rise above 149.00 but is unlikely to reach 149.50.\u201d We [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,276,255,250,277,252,247,253,249,275,256,254],"class_list":["post-163623","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-currencies","tag-gta","tag-looks-rare","tag-majors","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\/163623","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=163623"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/163623\/revisions"}],"predecessor-version":[{"id":163624,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/163623\/revisions\/163624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=163623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=163623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=163623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}