USD/JPY Outlook: Short Squeeze Could Extend To Key Barriers

<p>Dollar advances vs yen on Monday, holding in green for the third straight day and penetrating deeply into daily cloud (106.70/107.88) which marked strong resistance. The greenback enjoys support from many countries re-opening after coronavirus lockdown that improved risk mode and sent safe-haven yen lower. Short squeeze could extend further in such environment, with daily […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/294103-usd-jpy-outlook-short-squeeze-could-extend-to-key-barriers/">USD/JPY Outlook: Short Squeeze Could Extend To Key Barriers</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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