The Japanese yen is falling for many months. After USD/JPY broke an important resistance, it dropped back to the critical line. Here are 3 forces that weigh on the yen and 3 forces that can push it higher.
Background: After reaching a swing bottom of 84.81 in November, the Japanese yen has been losing ground. At the beginning of January USD/JPY reached the peak of 93.77, also a support line in the past. This proved as […]