BREAKING WITH DOLLARS STRENGTH ?

USD/JPY reached its all-time high back on November 13th but lost around -7.27% within two months. Despite the high volatility in the dollar, the Japanese yen couldn't reach or break the lower high level around 150.91. Last week, due to the Dollar's inflation data, the price of USD/JPY tested a bottom area of 146.452 and rallied to a resistance level of 148.95 after breaking through 148.500.