USD/JPY Analysis: Attempts to reverse polarity

Dukascopy Bank Team Dukascopy Bank SA

“U.S. yields are higher and it's not hard for dollar/yen to attract bids. It is often overlooked but the dollar continues to enjoy underlying support from widening U.S.-Japanese interest rate spreads.”

– State Street Bank and Trust (based on Reuters)

Interested in USDJPY technicals? Check out the key levels

1. R3 112.47
2. R2 112.04
3. R1 111.49
PP 111.06
1. S1 110.50
2. S2 110.07
3. S3 109.52

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Dukascopy Bank Team

Dukascopy Bank SA

Dukascopy Bank stands as an innovative Swiss online banking institution, with its headquarters situated in Geneva, Switzerland.

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