USD/JPY Price Forecast: Dragonfly doji looms, bulls target 141.00

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USD/JPY Price Forecast: Dragonfly doji looms, bulls target 141.00
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The USD/JPY recovers some ground late in the North American session after touching a new year-to-date (YTD) low of 139.58 earlier in the day.

USD/JPY recovers after diving to a YTD low; a daily close above 140.25 paves the way for further upside. Key resistance levels include 142.57 , 143.52 , and 144.48 . Momentum remains bearish, but bullish patterns like a ‘dragonfly doji’ or ‘hammer’ could signal a leg higher if confirmed. The USD/JPY recovers some ground late in the North American session after touching a new year-to-date low of 139.58 earlier in the day. At the time of writing, the major pair traded at 140.

57, followed by the Senkou Span A at 143.52. If those levels are cleared, buyers can aim for the Kijun-Sen at 144.48. Conversely, if sellers drag prices below 140.25, that can pave the way for further downside. USD/JPY Price Action – Daily Chart Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen against listed major currencies today. Japanese Yen was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.44% -0.65% 0.06% -0.05% -0.64% -0.

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