USD/JPY analysis: Gearing up for a breakout?
USD/JPY analysis: Watch out for Japanese intervention, Tokyo CPI and US core PCE inflation data
Dollar rebounds after a weaker start
USD/JPY technical analysis point to a bullish breakout.
Should the USD/JPY break higher, as we suspect that it might, then the next stop could well be the next round handle at 153.00. Thereafter, the USD/JPY could head towards 154.00 and potentially even reach the next psychologically-important area of 155.00
USD/JPY analysis: Watch out for Japanese intervention, Tokyo CPI and US core PCE inflation data
Dollar rebounds after a weaker start
USD/JPY technical analysis point to a bullish breakout.
Should the USD/JPY break higher, as we suspect that it might, then the next stop could well be the next round handle at 153.00. Thereafter, the USD/JPY could head towards 154.00 and potentially even reach the next psychologically-important area of 155.00
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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.
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.