U.S. Dollar / Japanese YenUpdated USD/JPY Outlook: Break of Uptrend Line Suggests Further Weakness
The USD/JPY pair successfully broke the uptrend line and retested it, at the same time. The RSI indicator signals negative momentum. The expectation is that the decline will continue, with the price reaching 154.71, provided it does not break above 185.67. Stability above 185.67 is required.
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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.