USDJPY is currently trapped at key resistance of 111.00 and price looks to be preparing for a breakout.
If price breaks lower we should expect the price to head towards the 110.00 support level. The BOJ has discussed
with a local newspaper that they will intervene with more easing if they feel it necessary.
If price breaks lower we should expect the price to head towards the 110.00 support level. The BOJ has discussed
with a local newspaper that they will intervene with more easing if they feel it necessary.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.