USD/JPY Pair Surges to New Highs, Signals Bullish Continuation

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Dollar A.S. / Yen Jepang (FX:USDJPY)

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FX:USDJPY Dollar A.S. / Yen Jepang

Trend Analysis Technical Indicators Fundamental Analysis USDJPY Contains image

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During Tuesday's trading session, the USD/JPY pair experienced a notable occurrence of dip-buying near the 143.75-143.70 support area. As a result, the pair managed to reach a new high not seen since November 2022 in the early European session. This price action has sparked our idea and outlook for a continuation of the ongoing bullish rally in the USD/JPY pair.

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