US Dollar is attempting to snap a four-week losing streak vs the Japanese Yen but the reprieve may be short-lived. Levels that matter on the USD/JPY weekly technical chart.
US Dollar’s assault on the Japanese Yen has been halted with USD/JPY threatening a larger correction within the uptrend. Levels that matter on the weekly technical chart.
The Dollar surged 32% against the Japanese Yen year-to-date with a ten-week rally taking USD/JPY towards 1989 highs. Levels that matter on the weekly technical chart.
The Dollar breakout surged more than 25% against the Japanese Yen year-to-date with USD/JPY now eyeing the 1998 highs. Levels that matter on the weekly technical chart.
The Dollar breakout may be vulnerable as the Japanese Yen attempts to mount a counter-offensive off multi-year extremes. Levels that matter on the USD/JPY weekly chart.