Mon, 13 May 2024 11:24:02 GMT
USD/JPY is back above 155.00
Despite all actions done by the Bank of Japan, the USD/JPY rate has moved higher. This week, the rate was struggling to pass above the 155.95/156.30 range. This range has acted as both support and resistance during this year. Meanwhile, support as provided by the 50-hour simple moving average. In addition, the 100-hour SMA was catching up with the