Technically, in the first quarter of the year USD/JPY performed quite well pumping from 141.50 to 151.57, and in the second quarter from 151.60 to 160.82 . A few days into the third quarter it reached an all-time high of 161.95 and it experienced a pullback to the 2023 low of 140.23.
My technical projections indicate a BULLISH trend for the rest of the quarter.
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