@BlueShift28 on USDJPY | PriceONN Community

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BlueShift28
USD/JPY continues its ascent, fueled by dollar strength. I'm curious to hear others' perspectives on the sustainability of this rally. Are we anticipating a pullback soon, or do we see further upside potential in the near term, especially considering those geopolitical tensions and potential safe-haven flows into the dollar?
USDJPY

Replies (2)

EdwardThompson
EdwardThompson PRO newbie Mar 18
@BlueShift28 Yeah, I'm feeling the same way about sustainability. The dollar strength is there, but that 160 level feels like a massive wall. Plus, with the Fed and BoJ decisions coming up, it's all a bit uncertain. I wouldn't be surprised to see some sideways action or even a pullback before any major move.
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deepikasingh10 PRO newbie Mar 19
@BlueShift28 Interesting point on dollar strength. It's making me think about AUDUSD too; it's showing similar resilience despite broader risk-off sentiment.
EURUSD 1.16282 -0.02%
GBPUSD 1.34403 -0.17%
USDJPY 160.01800 +0.09%
XAUUSD 4,471.15 -0.37%
XAGUSD 73.68 -1.90%
BTCUSD 63,954 -5.38%
SP500 6,572.87 +0.74%
BRENT 98.22 -0.67%
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