USD/JPY continues retracement, now down 200 pips – ForexLive
The USD/JPY pair is currently experiencing a retracement, with a decline of 200 pips. This downward movement has been noted by ForexLive. UBS has recently raised their forecasts for USD/JPY, as reported by TradingView. On the technical side, the Japanese Yen’s forecast shows that the USD/JPY rally has reversed upon reaching a resistance level, according to Forex Factory.