USDJPY analysis today (October 3)

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The USDJPY pair is maintaining a high level today, currently trading just below the 11-month high of 150.00 at around 149.68. The couple is waiting for signals from the Japanese government while taking into account the impact of words spoken by officials. The strengthening US dollar and higher yields on US treasury bonds have been driving this currency pair.

Analyzing the technical outlook on the D1 timeframe, it is evident that the overall trend remains bullish, indicating that market sentiment still favors buyers. Therefore, it would be wise to align with the main trend and expect a minor adjustment in the short term that may not be significantly impactful.

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good luck everyone

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What do you think ?

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