The US dollar has rallied a bit during the trading session on Thursday against the Japanese yen, reaching towards the ¥107.50 level. This is important, because it is an area where we have found traders going back and forth more than once. With that in mind, it is likely that we will see a bit of a reaction.
For the full article:
https://www.fxempire.com/forecasts/article/usd-jpy-price-forecast-us-dollar-slams-into-familiar-price-657488/
Find more information about Forex and Commodities News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/technical), Fundamental Analysis (https://www.fxempire.com/forecasts/fundamental) and Brokers (https://www.fxempire.com/forex-brokers) on FX Empire (https://www.fxempire.com/).