We still hold a short view on USDJPY after it broke through key support at 105.4 and we now see the currency pair challenging multi month lows before 104. The continued impact of the coronavirus as well as the recent pullback equities could put further 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.