HighLand

USDJPY long term support level

FX:USDJPY   U.S. Dollar/Japanese Yen
40 0 2
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.
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