Too tough to trade now with the looming stock market disaster.
Bears not over just yet, while the pair is consolidating in the lower range around support level 105.50.
For how long do you think BOJ can support japanese yen, guys?
Solid support at 104.
The USDJPY is very undecided around the 106.86 level, but the bearish trend is still in place, especially when the 55 day EMA is pointing down. However, the pair must break below the 106.00 level to go back to its bearish trend.
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