USDJPY DAILY OUTLOOK: Another BoJ ambush

GVI · July 30, 2026
General

Break of the daily trendline and what appears to be another round of BoJ intervention

If the goal is to break 160 then mission accomplished.

If the goal is to drive it even lower, then 160 needs to become resistance.

The USDJPY plunge is drasgging the dollar down elsewhere (and gold higher)

(AT daily chart)

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