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