Analysis of USD/JPY Price: Bulls Aim to Test Crucial Resistance at 132.60, with Attention on 50% Reversion and Support Levels
The USD/JPY currency pair has been on a bullish run since the beginning of the year, with the pair currently trading at 131.50. The bulls are aiming to test the crucial resistance level at 132.60, which is a key level to watch in the coming weeks.One of the key factors driving the bullish momentum in the USD/JPY pair is the improving economic outlook in the United States. The US economy has been showing signs of recovery, with strong job growth and rising consumer confidence. This has led to expectations of