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eFX Apex

Sep 07 - 05:55 AM

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By Jeremy Boulton — Sep 07 - 04:23 AM

• USD/JPY drops sharply from 156.30 to 154.32 EBS

• Weekly ichimoku cloud spans 154.62-149.90

• Thick cloud represents an area of strong support

• Average USD/JPY rate f/c by Japanese firms for 2026/27 is 152.57

• Drop stretched below 154.87 base 20-week Bollinger bands

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USD/JPY

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:

London Stock Exchange Group | Thomson Reuters