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USD/JPY extends gains to 1% to highest levels since November last year

Can you say squeeze? The pair is breaking out to its highest levels in six months now as it runs up to 141.45 to start European morning trade. There isn't much news or headlines to have triggered such a run, so perhaps it is based on the charts that we are seeing how and why price action is behaving this way.There was a triangle pattern forming in the pair over the past few weeks and it seems like buyers are running with a breakout on that today, now that the risk of the Fed meeting decision is... Read More

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Usd

Jpy

Extends

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Highest

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Since

November

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Usd jpy

Forex

Posted: Jun 15 2023, 07:21

Author Name: forexlive

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