USDJPY DAILY CHART OUTLOOK: Consolidating below key mva

GVI · August 5, 2026
General

Trend: Down

Momentum: Consolidating (currently in a tight 157.20-95 range)

157.98 = 200 day mva proving tough with threat of BoJ intervention hanging over the market.

On the downside, 155.22 low is key support so no key stops until that level (and 155.02 below it).

(AT 4 hour chart)

 

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