USDJPY is still range bound between support at 106.6 and resistance at 108 and has dropped today as stocks have fallen and due to continued dollar weakness. A break and consolidation above 108 could lead to further upward momentum as well as USDJPY potentially challenging YTD highs above 112.
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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.