Hello traders!
Last week, USDJPY slipped away from its upward trend and started moving sideways. However, there is still no significant threat to the price increase of USDJPY that could cause a reversal. This is evident as the currency pair has begun to recover, currently trading at 149.445 and gradually approaching a strong resistance level at 150.000. It is expected to be a significant breakthrough if UJ can surpass this resistance level.