XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48% XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48%
FOREX 1D AGO Source: Forexcom

Japanese Yen Forecast: USD/JPY Rally Nears Intervention Zone

USD/JPY has extended its recovery from the May lows and is now approaching a major resistance zone near the yearly highs. While the broader technical outlook remains constructive, traders are once again nearing levels that have historically attracted the attention of Japanese officials.

Japanese Yen Forecast: USD/JPY Rally Nears Intervention Zone
USD/JPY has extended its recovery from the May lows and is now approaching a major resistance zone near the yearly highs. While the broader technical outlook remains constructive, traders are once again nearing levels that have historically attracted the attention of Japanese officials.
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