There hadn't been significant price action as USDJPY was stuck in a range between support at 106.65 and resistance 108. Predominantly due to USD weakness as the currency pair fell sharply towards 104 before rebounding back up to 106. However, this recent increase could just be a rebound before USDJPY continues it's medium term downtrend.
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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.