Hi Traders,

Yesterday during the US Session, JPY had some strength and cause USDJPY to come down.

For today, Friday, I expect USDJPY to test the weekly lows.

Please do note that the G7 meeting starts today.

Take a look at the daily candle for USDJPY which shows a bearish candlestick pattern.



If the 109.40 level breaks, it will cause USDJPY to have a major bearish trend.

Let's wait and see.
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