Are you curious about the market today? Let's explore it together with Selena! USDJPY continues to maintain its position at a high level, reaching a trading threshold around the price of 149.37.
From technical analysis, the relative RSI indicators along with EMA 34 and 89 continue to support this currency. However, the US Dollar Index (DXY) has reached its highest level in 10 months, around 106.20, as policy makers at the Fed favor tightening monetary policy to ensure price stability, which may impact this currency pair and cause them to decline.
In Selena's opinion, this could be a slight price adjustment, but there is no need to worry too much as UJ, despite the difficulties, still maintains its upward momentum. This demonstrates that the strength of this currency is still intact.
From technical analysis, the relative RSI indicators along with EMA 34 and 89 continue to support this currency. However, the US Dollar Index (DXY) has reached its highest level in 10 months, around 106.20, as policy makers at the Fed favor tightening monetary policy to ensure price stability, which may impact this currency pair and cause them to decline.
In Selena's opinion, this could be a slight price adjustment, but there is no need to worry too much as UJ, despite the difficulties, still maintains its upward momentum. This demonstrates that the strength of this currency is still intact.
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good luck everyone <3
