TRADE ANALYSIS: USDJPY TO 110.00
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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