USD/JPY technical analysis: Gearing up for a breakout?
USD/JPY hasn’t one anywhere fast in the last week and a half. But the trend is clearly bullish after rates rose in each of the past three months. The USD/JPY briefly breached the highs that were made in the previous two years at around 151.91 to 151.95, making an incremental high at 181.97 in March.
Pay attention to the key data coming later this week on the U.S.
USD/JPY hasn’t one anywhere fast in the last week and a half. But the trend is clearly bullish after rates rose in each of the past three months. The USD/JPY briefly breached the highs that were made in the previous two years at around 151.91 to 151.95, making an incremental high at 181.97 in March.
Pay attention to the key data coming later this week on the U.S.