The US dollar rallied again against yen to reach towards the ¥107 level. At this point, the market has stalled a bit, and perhaps we are overbought.
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- USD/JPY Halts Eight Day Decline as US 10 Year Yield Defends April Low - April 22, 2021
- USD/JPY rebounds above 108.00 on renewed USD strength - April 22, 2021
- USD/JPY Price Forecast – US Dollar Continues to Hang at 108 JPY - April 22, 2021