USDJPY makes new highs for the year, but momentum slows | Forexlive

The USDJPY moved to a new high going back to November 2022 in trading today, but could not maintain momentum. The price is rotated back to the downside ahead of the US stock market open. Technically, failure to extend hire is a disappointment, but if the price can remain above 138.139 on the daily chart, that would keep the buyers and control. Watch that level in trading today for short and long term-term clues.