USD/JPY Experiences Notable Slide—Could a Major Pullback Occur?
The US Dollar saw a significant decline against the Japanese Yen, starting from the 145.50 zone. The USD/JPY has now traded below critical support levels at 144.50 and 144.20. This steep move raises concerns among traders. Many are pondering whether a more profound pullback is on the horizon, especially as global factors continue to influence market dynamics.