USD/JPY is at an important juncture. 105 - 105.30 (76.4% retracement of the Trump rally) is the last stronger chart-based support area ahead of the big 100. A successful break will probably see a quick markdown to 102.5 - 103. FOMC decision is a potential catalyst. A hike is a done deal but even if they explicitly signal another three hikes this year (unlikely), I don't think that will stop the decline for long, if at all. 95 before winter is not all that unfathomable anymore.
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –