Greetings to all my dear acquaintances, let's embark on a journey with Selena as she explores the USDJPY currency pair!
At present, UJ (USDJPY) is demonstrating ongoing positive movement and is currently being traded at 149.47. The recent release of encouraging data from Japan has provided a boost to this particular monetary combination.
Despite short-term challenges in surpassing the psychological resistance level of 150.00, this currency pair continues to receive substantial support due to its overall upward trend. While there may be a slight decrease in price in the immediate future, breaching the significant milestone of 149.6 will likely lend support for long-term buyers interested in USDJPY.