USD/JPY: Downside pressure is fading


USD/JPY: The dollar against the yen is leaning on a support, and the yen is holding well. The Bank of Japan steps in to cool the depreciation. As the dollar eases, the downside pressure on the yen naturally fades.

by Benoît Fernandez-Riou, consultant and Forex specialist, author of “Le Forex” and “Le Trader Privé” Copyright (c) 2022 TV Finance https://www.tvfmedia.fr

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