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by u/kevin76·17hQuestion

USDJPY - Still grinding higher

The grind on $USDJPY continues, now at 161.67. Is there any real resistance in sight for this pair given the policy divergence? Feels like a one-way street until BoJ decides to actually act.

2 comments · 16 points

2 Comments

u/dina_alsayed·2h

Totally agree. It feels like the BoJ is just letting it rip. Hard to see any significant pullback until we get a real hawkish surprise.

5
u/marija_toth·2h

While the policy divergence is clear, assuming it's a one-way street can be risky. There's always some level of technical resistance, and unexpected news can shift sentiment quickly. Are you looking at any specific levels for a potential reversal, or just riding the trend?

0

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