FX.co ★ remington.kihn | USD/JPY

The situation with the USDJPY pair remains interesting, although not as straightforward, as yesterday we started to decline or even fall, closing below 150. However, it is premature to say that the uptrend is broken. Especially since we have not yet surpassed 151.32 and there is still room for growth. It is worth noting that yesterday the yen did not show much activity, although this could change at any moment. On the other hand, the dollar was under pressure, and it is crucial to see how it will trade next week. Overall, I still believe that we could move above 151.32. If there is a false breakout, only then will I sell.