USDJPY long term support level
No additional easing from BoJ.
No rate cut.
Doesn't met Yen bear expectations.
Yen, safe-haven currency.
US Fed expectations to hike in June. More hawkish statement.
BUT
Seasonal May is good for USD.
Potential BoJ intervention.
No rate cut.
Doesn't met Yen bear expectations.
Yen, safe-haven currency.
US Fed expectations to hike in June. More hawkish statement.
BUT
Seasonal May is good for USD.
Potential BoJ intervention.
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