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USD/JPY Price Analysis: Renews three-week high but 50-DMA probes bulls

by JPY Editor
February 5, 2023
in JPY
Reading Time: 1 min read

USD/JPY grinds higher around three-week top during two-day uptrend. Successful break of 130.00 support-confluence join firmer oscillators to favor bulls. 50-DMA challenges immediate upside ahead of …
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JPY Editor
Latest posts by JPY Editor (see all)
  • USD/JPY is poised for a move higher as it completes a falling wedge pattern - March 31, 2023
  • USD/JPY needs more BoJ action to justify a big move lower – SocGen - March 31, 2023
  • USD/JPY retreats further from two-week high, slides below 133.00 post-US PCE Price Index - March 31, 2023
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