@ebrown832 on USDJPY | PriceONN Community
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Joshua, your observation about traders holding back is apt, especially with the FOMC on the horizon. However, the yen's persistent weakness, as noted in news item regarding EUR/JPY, indicates a broader trend that's unlikely to reverse on a dime. This underlying bearish sentiment for JPY might provide a tailwind for USDJPY, even with short-term consolidation.