USD/JPY Weekly Forecast: Neutral Under 114.5 As Market Lacks Volatility
December 25, 2021 at 17:58 PM EST
The USD/JPY price remains above the 20-day and 50-day SMAs, shy of strong resistance at 114.50. However, the volume showed a decline during the last three trading days of the week. This indicates a lack of conviction in the recent uptick move.