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USD/JPY Technical: 142.25 Resistance Met with Bullish Exhaustion

USD/JPY Technical: 142.25 Resistance Met with Bullish Exhaustion
The rally of USD/JPY has reached 142.25/142.50 key medium-term resistance ex-post BoJ monetary policy decision last Friday. Latest Commitments of Traders report on JPY futures on net large speculators’ open bearish positioning has reached close to a 3-year extreme. The next key related event will be the release of Japan’s nationwide inflation data for May […] The post USD/JPY Technical: 142.25 Resistance Met with Bullish Exhaustion appeared first on Action Forex... Read More
Posted: Jun 20 2023, 06:45
Author Name: actionforex
Views: 111085

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