USD/JPY: Bulls Eye Key Technical Barriers at 151.25/30
Portfolio Pulse from
The USD/JPY currency pair is experiencing a bullish trend, trading above 150 support and targeting key technical barriers at 151.25/30. The market shows potential for further upside movement, with traders watching critical resistance levels that could signal continued recovery.
March 27, 2025 | 3:30 pm
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NEGATIVE IMPACT
Technical analysis suggests USD strengthening against JPY, which could negatively impact Japanese Yen-focused ETFs like FXY.
The strong bullish momentum in USD/JPY suggests potential depreciation of the Japanese Yen, which would likely cause FXY to decline in value.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 70