FX.co ★ USD/JPY

Hello traders, In principle, there hasn't been much change in the USDJPY pair, as the upward movement continues to be dominant. Yesterday, once again, new highs were reached, even surpassing 157.80, but failed to hold above that level. Today, there are attempts to move lower or retrace, but so far it's limited, as after such a significant rise, a sharp decline is needed, although there are already hints of further decline. The yen itself has paused its weakening, and the dollar is currently attempting to decline, which is not surprising given the rise in unemployment. However, I still do not rule out the possibility of moving above 158 and even 158.20, where I will still be looking for buying signals.