Chat with us, powered by LiveChatUSD/JPY Falls to 148.00 Support as Yen Gains Momentum on BoJ Hike Bets

USD/JPY Falls to 148.00 Support as Yen Gains Momentum on BoJ Hike Bets

USD/JPY Falls to 148.00 Support as Yen Gains Momentum on BoJ Hike Bets

USD/JPY Falls to 148.00 Support as Yen Gains Momentum on BoJ Hike Bets

The USD/JPY is experiencing a strong sell-off where it reached the 148.00 support level. The Yen is gaining strength from its fundamentals and market anticipation of the BoJ's next rate hike.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

155.00

152.00

149.70

148.00

146.30

145.00

 

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