We hold our short view on USDJPY as the currency pair has consolidated below key support at 105.4 and we now anticipate prices challenging multi month lows below 104. Continued uncertainty over the US election and the worsening coronavirus situation as well as US stimulus could put downward pressure on USDJPY.
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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.