USD/JPY Forecast – Setting Up for the Next Leg Higher? - DailyFX

The Japanese Yen has fallen to a fresh two-decade low against the US dollar and this break suggests that the move may have further to run.

USD/JPY Price and Chart Analysis

• The US dollar starts the week in a positive fashion.
• The Japanese Yen is coming under renewed pressure.
• Retail traders are net-short USD/JPY … [+2302 chars]
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