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Japanese Yen Outlook: USD/JPY Meets 200-Day SMA, AUD/JPY Hints at Swing High
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Japanese Yen Outlook: USD/JPY Meets 200-Day SMA, AUD/JPY Hints at Swing High

Currency Pairs:💱 AUD-JPY💱 USD-JPY
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The US dollar remains supported by elevated Treasury yields and expectations of further Fed tightening, yet USD/JPY is struggling to regain bullish momentum near its 200-day SMA. AUD/JPY is also showing signs of fatigue following a bearish outside day.

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Japanese Yen Outlook: USD/JPY Meets 200-Day SMA, AUD/JPY Hints at Swing High