We have not observed any notable movement from this currency pair since the market opened. The price is currently within a specific range based on the parameters we indicated in the chart. If the 158.20 region is disrupted, the price may rise somewhat, perhaps to 160.00. Conversely, we may anticipate a decline in the dollar's value relative to the yen due to the sellers' pressure, which initially will be limited to a price range of 155.00 dollars. You might think about entering the sell trade within the region of 158.20; if this range of prices is not broken, there will be a significant selling opportunity.
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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.