The USDJPY pair is moving below the upper boundary of the Cloud of the Ichimoku Kinko Hyo indicator. This indicates a bearish trend. The price tested 105.26 and bounced back. Until the end of the month I expect to reach the level of 104.63, at least, but possibly to 104.20.
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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.