USD/JPY, here we are, for the 4th time!
This is the only pair which has attracted my attention in the beginning of the new week. As I wrote in my USD/JPY analysis from March 24., fourth attack on support will brake this and for me it will be really interesting to see, whether this will actually happen? It’s a slow day with not much happening in the market and this pair is also acting as if nothing is happening, but this is important level fot the buyers which they are defending for the last two months. Sellers are really persistent as they know that the BOJ is not here on this level, at least not by their words and they will probably take this now. Let’s see who will win?