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USD/JPY continues choppy action since last week's BOJ policy decision

USD/JPY continues choppy action since last week's BOJ policy decision

It's tough to get a grip on the yen at the moment as there doesn't seem to be too strong a conviction on either side. Yen bulls were thwarted by the BOJ last week and while they seem to try and get stuck back in there, price action has been choppy and we are seeing a push back above 130.00 again this week.

That said, they are still keeping in a good spot if you go by the technicals as the key trendline resistance (w... Read More

Posted: Jan 25 2023, 05:18
Author Name: forexlive
Views: 102593

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