The USD/JPY remains subdued amid speculation of possible intervention by Japanese authorities.
USD/JPY is modestly up, reflecting a cautious market amidst higher US Treasury yields and potential for Japanese intervention. Technical indicators suggest resistance at 152.00, with further targets at 153.00 and 155.00 should the major break higher. A move below the Tenkan-Sen could see USD/JPY testing support levels down to 148.93, amid ongoing market vigilance.
00 psychological figure, ahead of 155.00. On the other hand, if the USD/JPY pulls back below the Tenkan-Sen at 151.12, that would send the pair sliding to the Senkou Span A at 150.17, followed by the Kijun-Sen at 149.22. Further downside is seen at the Senkou Span B at 148.93. USD/JPY Price Action – Daily Chart USD/JPY Overview Today last price 151.63 Today Daily Change 0.28 Today Daily Change % 0.19 Today daily open 151.35 Trends Daily SMA20 149.8 Daily SMA50 149.4 Daily SMA100 147.
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