USDJPY trades in an up and down range today

Technical floor stops the fall. 100 day MA stops the moves higher
With geopolitical risk, typically there is a flight into the "relative safety of the JPY" (a Pavlovian reaction by traders).  Last week we saw, the USDJPY move lower and indeed at the open today, the USDJPY moved lower on the back of the weekend saber rattling between the US/Iran.  However, the price moved

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