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USD/JPY at three-week highs as buyers look for further upside

The pair is now trading at the highs for the day with gains stretching to roughly 100 pips. The levels above 142.00 are the highest since 10 July and if buyers can keep that up ahead of the daily close, it will open up the path towards 145.00 next again potentially.The technicals are not working out for yen bulls right now and the verdict after the BOJ seems to be that traders are not convinced by the supposed adjustment to the yield curve control policy. But I would argue it is more so that tra... Read More

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Content Topics

Usd

Jpy

Three

Week

Highs

Buyers

Look

Further

Upside

Usd jpy

Three week

Forex

Posted: Jul 31 2023, 07:54

Author Name: forexlive

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