USDJPY Technical Analysis – 152.00 is the mother of all levels ...Middle East

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USDJPY Technical Analysis – 152.00 is the mother of all levels
source : forex live ( Middle East ) () 19
Fundamental OverviewThe USD has been rallying steadily against the major currencies since last Wednesday, although it’s unclear what has been behind the move. From the monetary policy perspective, nothing has changed as the market continues to expect at least two rate cuts by the end of the year and sees some chances of a back-to-back cut in November. The data continues to suggest that the US economy remains resilient with inflation slowly falling back to target. Overall, this should continue to support the soft-landing narrative and be positive for risk sentiment. The JPY has been another winner recently as the Yen strengthened a lot against all the major currencies. The intervention and th

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