The USD U-Shape bilateral currency band indicates for USDJPY to bearish and heading 102.00 for estimated 5 % target zone. The S-Curve at the upper ceiling also confirm for bearish. At such, short trade on the intraday, weekly, monthly price dynamics likely better until the 102.00 (5%) target to be reached.
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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.