Skip to main content

USD/JPY holds 145.07 exactly at the first time of asking

Well, following the previous update noting the impotence of the level at 145.07 on the USD/JPY, that level has held and to the exact pip. The interbank low on the USD/JPY a short while ago was set at exactly 145.07. It has now rebounded from there towards 145.50, but it is far from certain as to what might happen if the level is tested again. I just hope you can see and appreciate the reason why I make these kind of observations here and how important they can be. Well, despite bouncing the drivers behind the Yen surge have not yet been removed and it remains vulnerable. The USD/JPY is currently trading at 145.30

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!