USD/JPY increased sharply in the context of fear of intervention
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Currently, the USD/JPY pair has increased to 148.00 after breaking from a low level of 147.47 at the beginning of Asian trading hours on Thursday. At the time of writing, this pair of money is trading at 148.28, up 0.06% a day.
Technical about:
This pair of money is still trying to consolidate and maintain a rise for several consecutive days.
However, investors should still be cautious because all attention is focused on the decision of the Central Bank of Japan (BoJ) on Friday, which can lead to the decline of money pair. This before the event took place.
Technical about:
This pair of money is still trying to consolidate and maintain a rise for several consecutive days.
However, investors should still be cautious because all attention is focused on the decision of the Central Bank of Japan (BoJ) on Friday, which can lead to the decline of money pair. This before the event took place.
Note
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USD/JPY is traded by technique
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