Since yesterday, USD/JPY moved down by around 30pips before moving back up by around 40pips.
Recently, USD/JPY is ranging across.
Yesterday, U.S. President Donald Trump tweeted that he “had a very good telephone conversation with President Xi of China” and “will be having an extended meeting next week at the G-20 in Japan”.
Yesterday, USD/JPY tested and rejected the of 108.000.
Current Price: 108.458
Next Resistance: 109.500
Next Support: 108.000