Bleak USD/JPY Outlook Following Deteriorating Fundamentals
The USD/JPY made a breakout where the resistance level will be at 148.30 and the support at 144.00. The underperforming yen may continue to decline as the fundamentals deteriorate. The dollar's course will determine the pair's direction.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
155.00 |
152.00 |
148.30 |
145.00 |
144.80 |
140.00 |