USDJPY has decisively broken a key monthly support level, signaling a potential trend shift as the former support turns into resistance. A confirmed retest and rejection from this zone could accelerate bearish momentum, with the next major support in focus. JPY's strength remains a key driver, and with risk sentiment favoring safe-haven flows, downside pressure is likely to persist. However, any BOJ intervention or USD strength could trigger short-term pullbacks. As long as the price remains below the broken support, the path of least resistance favors further downside continuation.
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