The US dollar initially tried to rally during the trading session on Monday but ran into a bit of a buzz saw of resistance near the ¥111 level. At this point, the market is likely to run into a bit of resistance above due to the fact that we are overextended, but obviously there is a lot of US dollar demand.

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https://www.fxempire.com/forecasts/article/usd-jpy-price-forecast-us-dollar-drifts-lower-against-yen-640334/

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