Forex analytics and overview

Further Bearish Action Likely for the Japanese Yen

2023.03.02 10:35

Fawad Razaqzada

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.

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