USD/JPY Price Forecast – US Dollar Bounces Heading Into the Weekend

US Dollar vs Japanese Yen Technical Analysis

The US dollar has rallied a bit during the trading session on Friday as it looks like people are willing to jump into the market to follow the trend. The US dollar is by far the strongest currency in the world right now, with perhaps the exception of the Russian ruble and the Brazilian real. Looking at this chart, you can see that we have been in a very strong uptrend for quite some time, so the fact that we found a bit of support near the ¥127.50…

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