USD/JPY Weekly Price Forecast: US Dollar Remains Supported Against Yen

Reported about 1 month ago

The US dollar is stabilizing against the Japanese yen around the 145 yen mark, hanging near a crucial trend line. A rally above 147.50 could indicate recovery potential, while a drop below 142 may lead to further declines towards 138. Market conditions suggest a potential bounce, as the Bank of Japan's tightening measures may be limited.

Source: YAHOO

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