USD/JPY Rallies As Traders Bet On A Rebound

usd_jpy_forex_1USD/JPY jumped above the 144.00 level.

USD/JPY climbed above the resistance at 143.50 – 144.00 and is trying to settle above the 144.50 level.

In case this attempt is successful, USD/JPY will head towards the 146.00 level. RSI is in the moderate territory, and there is plenty of room to gain momentum in the near term.

USD/JPY 280525 4h Chart

USD/JPY

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