Today, the USD/JPY pair is facing difficulties in capitalizing on Friday's positive momentum and opened with a modest price decline on the first day of the new week.
However, spot prices are attempting to recover a few pips from the level below 149.00 or the daily low, although there is a lack of follow-through after the escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
However, spot prices are attempting to recover a few pips from the level below 149.00 or the daily low, although there is a lack of follow-through after the escalating geopolitical tensions in the Middle East, which tends to benefit the safe-haven Japanese Yen.
Note
USDJPY pair traded sideways unchangedNote
decreased as expectedTrade active
Order cancelled
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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.