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USD/JPY Outlook: Acceptance/daily close below 50% Fibo. will mark fresh bearish breakdown

by JPY Editor
March 17, 2023
in JPY
Reading Time: 1 min read

USD/JPY meets with a fresh supply on Friday and is pressured by broad-based USD weakness. Expectations for a less hawkish Federal Reserve exert heavy downward pressure on the buck. Fears of a …
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JPY Editor
Latest posts by JPY Editor (see all)
  • USD/JPY Forecast: Continues To Find Buyers On Dips - March 24, 2023
  • USD/JPY to trade down to the YTD lows between 127-128 relatively quickly – MUFG - March 24, 2023
  • USD/JPY to plunge toward 127 by year-end – Wells Fargo - March 24, 2023
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