USD/JPY Meets Resistance at the 200-MA at 152.00
Current analysis shows that the USD/JPY pair is facing significant resistance at the 200-day moving average around 152.00. This comes after the Bank of Japan (BOJ) adopted a cautious stance, raising concerns about the weakening Japanese Yen (JPY). As the market reacts, traders should keep a close watch on these indicators to inform their trading strategies. Understanding the implications of BOJ policies and global market trends will be crucial for capitalizing on fluctuations in this major currency pair.