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USD/JPY Update: Signs of Exhaustion, Acceptance Above 134.50 Needed for Bullish Rally to Continue.

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USD/JPY Update: Signs of Exhaustion, Acceptance Above 134.50 Needed for Bullish Rally to Continue.

February 20, 2023
Market News
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USD/JPY Update: Signs of Exhaustion, Acceptance Above 134.50 Needed for Bullish Rally to Continue.

USD/JPY has stalled following last week’s 300-pip rally. Retracement is looking more likely before further upside.

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