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Today, USDJPY continues to maintain a strong upward momentum after the US Dollar (USD) seems to be rebounding from its lowest level since September 1st, amid uncertainty about the Federal Reserve's (Fed) next policy moves. This will serve as a catalyst for the USD/JPY pair. The USD needs to hold onto its current price increase and surpass the resistance level at 151.75 if it wants to continue advancing further.
Today, USDJPY continues to maintain a strong upward momentum after the US Dollar (USD) seems to be rebounding from its lowest level since September 1st, amid uncertainty about the Federal Reserve's (Fed) next policy moves. This will serve as a catalyst for the USD/JPY pair. The USD needs to hold onto its current price increase and surpass the resistance level at 151.75 if it wants to continue advancing further.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.