The USD/JPY position is neutral, and the possibility of testing the previous month's high of 112.15 has been significantly improved.
1 Although the rapid rebound from last week's low of 110.37 was unexpected, it still believes that the US dollar There is no directional choice against the yen;
2 However, the tone of the short-term uptrend has been significantly strengthened, and the possibility of testing the previous month's high of 112.15 has been significantly enhanced;
3 currently believes that there is a possibility of continuation of minor upward trend ;
4 only a clear break below 110.85 indicates that the current upward trend has eased.