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  • USD/JPY Technical Analysis for the Week of May 18, 2020 by FXEmpire

USD/JPY Technical Analysis for the Week of May 18, 2020 by FXEmpire

By on May 19, 2020 0 34 Views



The US dollar has gone back and forth during the course of the week against the Japanese yen. The ¥107 level of course is a major round figure, as it is an area that has caused both support and resistance. The fact that the market broke above there was a good sign but quite frankly not hanging onto the gains does not help the situation.

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