USD/JPY Daily Forecast and Technical Analysis for May 23, 2024, by Chris Lewis for FX Empire

The USD continues to look strong against the Yen, as the Bank of Japan continues to see itself as “trapped.” The recent intervention did slow down the move higher, but it will not change it.

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1 個のコメント

  • I think usdjpy is a good buy until 160 where they previously intervened. They may or may not intervene around that level. If they do not, next one could be 165-170.

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