USD/JPY Approaches Resistance at 150.00: What Traders Should Know
The USD/JPY currency pair is pushing upwards, nearing a critical resistance level at 150.00. Currently, the Japanese Yen is underperforming against several major currencies, leading to this upward momentum for USD/JPY. Analysts observe that macroeconomic data could soon take a backseat as attention shifts to upcoming developments concerning US trade policies. Will USD/JPY break above the resistance, or will the Yen find support?