BUYINGS MAY ACCELERATE ABOVE 112.30 LEVEL IN USD/JPY

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

After the U.S. 10y bond yield rose to 2.57%, the departures from safe-haven currencies have started. In this context, we are expecting a strong uptrend to 114.40 in USD/JPY parity with breaking 112.30 resistance level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.