Japanese Yen Price Action Setups: AUD/JPY, NZD/JPY, USD/JPY 2021-02-08 03:00:00 Daniel Moss, Analyst
Japanese Yen, AUD/JPY, NZD/JPY, USD/JPY, IGCS – Talking Points:
AUD/JPY eyeing fresh yearly highs after breaching range resistance.
An ascending Schiff Pitchfork may continue to guide NZD/JPY higher. Advertisement
The Japanese Yen is at risk of extending recent losses against its major counterparts, as rising inflation expectations, the prospect of additional fiscal stimulus and positive vaccine progress weighs on the haven-associated currency. Here are the key levels to watch for AUD/JPY, NZD/JPY and USD/JPY in the week ahead.