USD/JPY taking a look above 145.00
<p>USD/JPY is inching its way higher.</p><p>Iits ticked above 145.00. The last time it was this high was November last year.</p><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/technical-analysis/i-know-i-know-i-know-the-usdjpy-is-overbought-but-how-do-you-trade-it-20230629/" target="_self" rel="follow">I know. I know.. I know. The USDJPY is overbought, but how do you trade it?</a></li><li><a href="https://www.forexlive.com/centralbank/usdjpy-at-152-is-a-possible-bank-of-japan-intervention-trigger-credit-suisse-20230629/" target="_self" rel="follow">USD/JPY at 152 is a possible Bank of Japan intervention trigger – Credit Suisse</a></li><li><a href="https://www.forexlive.com/centralbank/tokyo-area-cpi-for-june-headline-31-vs-38-expected-20230629/" target="_self" rel="follow">Tokyo area CPI for June, headline 3.1% vs. 3.8% expected</a></li><li><a href="https://www.forexlive.com/news/japan-industrial-production-preliminary-may-16-mm-expected-10-20230629/" target="_self" rel="follow">Japan Industrial Production (preliminary, May) -1.6% m/m (expected -1.0%)</a></li></ul><p>Around 145 is a bit of technical resistance, on a "support becomes resistance" basis. </p><p>I've stuck the little cursor line around 145.30 as the level, but don't chisel that in stone. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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