USD/JPY Technical Analysis: The Japanese Yen enters corrective phase as the US and Iran announce the reopening of the Strait of Hormuz, easing the immense pressure on Asia's energy imports. With the Bank of Japan's rate hike expectations fading and a bearish Head and Shoulders pattern taking shape, traders weigh an end to the US Dollar's recent dominance. Explore a multi-timeframe analysis of the Gopher.
17-04-2026 15:56 GMT
by Elior Manier