USDJPY long term support level
U.S. Dollar/Japanese YenFXCM
Opis
⋅ 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.