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USD\JPY📉🔥📈

FX:USDJPY   U.S. Dollar / Japanese Yen
🔥📈🔥📉USD/JPY surged to 111.10 last week but retreated since then. Initial bias remains neutral this week first and further rise is expected as long as 109.70 support holds. Larger up trend from 102.58 might be resuming. Above 111.10 will target 111.71 key resistance next.📈🔥The USD/JPY pair fell on Wednesday, bottoming at 109.94 and ending the day nearby. The slide accelerated ahead of US Federal Reserve Chair Powell’s testimony, as his dovish words weighed on government bond yields

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