[Today's Outlook] USD/JPY likely to remain on an upward trend, but traders are somewhat cautious about chasing further gains

The story

USD/JPY is reported to be likely to remain in a dollar-uptrend. This suggests that the forex market may continue to move in favor of a stronger dollar.

However, caution toward chasing USD/JPY higher is increasing, and some observers point to a tendency to avoid a rapid rise.

At a glance

OutlookUSD/JPY is reported to remain in a dollar-uptrend.

NatureThere is a view that the market is somewhat cautious about pushing higher.

SourceNews republished from Minkabu (FX/Forex).

Reference information. Every claim resolves to something the story actually named.

Where this came from

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1/ 1 agree

All of them report the same thing.

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.