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USD/JPY Technical: Lethargic Bulls Below 145.50
USD/JPY’s two weeks rally ex-post BoJ’s flexible YCC implementation has almost reached a key resistance zone of 145.50/146.10. Rising of concerns about another bout of verbal FX interventions from Ministry of Finance officials to talk down the USD/JPY at around the 145.00 psychological level. Short-term momentum has turned bearish, risk of downside mean reversion towards […] The post USD/JPY Technical: Lethargic Bulls Below 145.50 appeared first on Action Forex...
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Posted: Aug 14 2023, 07:55
Author Name: actionforex
Views: 022172