USDJPY A bearish signal has appeared

10 Eki 2023

Knowledge and signals USDJPY

Market sentiment improves as Middle East fears ease, USD/JPY rises on higher yields on the day.

Since the BOJ intervened last week at 150.00, the pair has consolidated somewhat with price action mainly between 148.30 and 149.40.

Although traders are not exactly hawkish on the Fed, they are still relatively confident that the Fed can keep interest rates high for a long time.

10 Eki 2023

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