March 23 2021 đź•“ 3 min
USD/JPY statistical and technical analysis
The current price of the USD/JPY exchange rate is 108.75 (March 23, 2021). This pair has rebounded dynamically in recent months. However, it is currently in the stabilization phase. What could be the next move? It will also depend on fundamental data in global financial market because the Japanese yen is a kind of “safe heaven” for investors. Let’s now look at statistical and technical analyzes.