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USD/JPY Daily Forecast – Yen Continues Its Upside Move

Sep 16, 2020 - Nasdaq

FXEmpire.com - USD/JPY Video 16.09.20. U.S. Dollar Remains Under Significant Pressure Against The Yen USD/JPY is currently trying to settle below the major support level at 105.30 as the yen enjoys strong upside momentum ahead of U.S. Fed Interest Rate Decision. USD/JPY found itself under significant pressure after it settled below the 20 EMA at 105.95. Currently, the U.S. Dollar Index is losing some ground against a broad basket of currencies but the significant momentum in USD/JPY is mostl...