USD/JPY forecast: profit taking may put USD/JPY below 113.745;
- Demand for risky assets may continue to push USD/JPY on Tuesday, traders may also make US Treasury yields Reaction, however, due to recent long-term rebounds in price and time, foreign exchange may result in short-term corrections due to overbought technical factors;
- Trade news yesterday pushed the dollar against the yen higher, after the US and Canada announced new trade agreements, Demand for higher risk assets increases;
- traders will have the opportunity to respond to comments from FOMC member Quars on Tuesday. In addition, Fed Chairman Powell will also speak, and Powell may promote the market if he discusses the impact of trade disputes on the economy. ;
4)technically, the trend of the US dollar against the yen may depend on traders react to 113.745, the transaction at this level will indicate that the current price level, buy sell greater than once a week nearly 114 Rising may bring long-term bullish effects