The US dollar has gone back and forth during the course of the week against the Japanese yen. The ¥107 level of course is a major round figure, as it is an area that has caused both support and resistance. The fact that the market broke above there was a good sign but quite frankly not hanging onto the gains does not help the situation.
For the full article:
https://www.fxempire.com/forecasts/article/usd-jpy-weekly-price-forecast-us-dollar-continues-to-dance-around-japanese-yen-649577/
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