EXH: US Dollar To Yen Forecast: USD/JPY Bounces Higher
Today's USD/JPY forex rate has bounced higher towards 103. We take a look at the latest Dollar to Yen technical analysis.
The US Dollar to Yen exchange rate is still in a consolidation pattern since the 29th July when it reached a strong support level at 102.00 but this may change by the end of this week.
Right now the above-mentioned level is being tested but without the next candle opening below it and also closing at a lower level, we cannot consider it broken.
