SYFX

USD/JPY looks towards 108.00 as sellers look to forge the next leg lower

Summary

By sueyangfx.com April 19, 2021 at 09:17AM USD/JPY falls to a low of 108.16 on the day as the dollar slides It is all about the technicals and flows right now, as the dollar is losing ground across multiple avenues […]

April 19, 2021 at 09:17AM

USD/JPY falls to a low of 108.16 on the day as the dollar slides
It is all about the technicals and flows right now, as the dollar is losing ground across multiple avenues in that regard. The break above 1.2000 for EUR/USD is a key moment but USD/JPY is also seeing support at 108.34-41 give way,

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