USD/JPY Hits New Highs on Fed-BoJ Policy Gap
The USD/JPY pair stabilized after the strong momentum reaching the Fibo extension level at 154.70, reaching new historical highs, driven by the significant divergence in monetary policies between the Fed and the BoJ. The pair is expected to rise further if Japanese officials don't intervene.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
154.70 |
153.00 |
152.00 |
148.2 |
146.30 |
145.00 |