Chat with us, powered by LiveChatUSD/JPY Hits New Highs at 154.70 Fibo Extension

USD/JPY Hits New Highs at 154.70 Fibo Extension

USD/JPY Hits New Highs at 154.70 Fibo Extension

USD/JPY Hits New Highs at 154.70 Fibo Extension

The USD/JPY pair continues 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

 

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