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USD/JPY nears test of 135.00, hints at reversal of momentum

USD/JPY nears test of 135.00, hints at reversal of momentum

Higher bond yields and a surging dollar makes is seeing the pair lead the way in the major currencies space, in terms of signaling the market move this week. It came with a break above the 11 January high of 132.87 and buyers have not let up with price now finally poised to test the 135.00 mark before the weekend.

If sellers can keep below that, there might be some gas in the tank left to try and push for a return t... Read More

Posted: Feb 17 2023, 08:34
Author Name: forexlive
Views: 082251

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