Currently, UJ continues to shine as it continuously maintains its upward momentum, reaching record highs in the past few months. The pair is currently trading at 148.79 and remains in an uptrend, continuously receiving support.
In particular, the Japanese government's intervention in the foreign exchange market to support the domestic currency along with lower risk levels will partly support the further appreciation of the Japanese Yen (JPY).
If it breaks through 149.00, it is likely to increase with the next level being 149.55.
In particular, the Japanese government's intervention in the foreign exchange market to support the domestic currency along with lower risk levels will partly support the further appreciation of the Japanese Yen (JPY).
If it breaks through 149.00, it is likely to increase with the next level being 149.55.
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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.