USDJPY Nearing Critical 160 Resistance with Volatility on the Rise
Over the past three trading days, USDJPY has experienced notable volatility, dipping near a one-week low around 158.45 during the Asian session, before recovering to close near 158.72. The pair is heavily influenced by renewed hopes of de-escalation in Iran tensions, which has weighed on the US Dollar and supported the Yen. Additionally, a broader multi-year structural weakness in the US Dollar adds downward pressure on the pair. Currently, USDJPY faces crucial support and resistance levels betw

















