In today's London trading session, the USD/JPY pair maintained stability within a narrow range around the 151.30 level. Market forecasts suggest that this pair may continue to fluctuate within this tight range, potentially experiencing a slight decline before rising to confront the resistance zone at 151.977. However, there is a possibility that it may subsequently revert to a downward trend in the near future.

Overall, the USD/JPY pair is still undergoing a significant decline, and investors may need to closely monitor market developments to make informed investment decisions.
buyChart PatternsForexTechnical IndicatorsSELLsupportSupport and ResistanceTrend AnalysisUSDJPY

Related publications

Disclaimer