USD/JPY Maintains Strong Upward Trend
Overal, USD/JPY is still maintaining a strong upward trend, reflecting the robustness of the US dollar against the Japanese yen.
However, upon looking at the chart, it shows that the price has declined and touched the Simple Moving Average SMA 50 below the 154.00 level. Touching this area may require some modest pullbacks before any further increases occur.
However, upon looking at the chart, it shows that the price has declined and touched the Simple Moving Average SMA 50 below the 154.00 level. Touching this area may require some modest pullbacks before any further increases occur.
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