USDJPY trades nearer recent lows.
The BOJ in the new trading day. The FOMC is tomorrow. So that combination makes trading this event even more difficult. As a result, there is a chance that the market races one way and comes right back. So be careful. It is already a tough enough decision to figure out the price implications. It seems that most think that the USDJPY is going lower and a move below the 100.00 level is on the horizon. The technicals are more bearish currently with the price remaining below key MA levels and trend lines as well.