Forex analytics and overview
Further Bearish Action Likely for the Japanese Yen
2023.03.02 10:35
![Further Bearish Action Likely for the Japanese Yen 1 Fawad Razaqzada](https://d51-invdn-com.investing.com/company_logo/b9df2979ab2c8cdfab64fddfe4d93f0f.jpg)
The and other yen crosses remain supported thanks to a hawkish Fed, mostly stronger than expected US macro data, and recent dovish comments from the new BOJ Governor.
In this short video, I discuss where the USD/JPY is most likely headed and the levels I will use as my invalidation point in the event of a bearish reversal.