UD/JPY may face a medium-term trend reversal as bearish signals emerge ahead of the BoJ policy decision. A potential rate hike later in 2025 could support yen strength, adding pressure to AUD/JPY. A bearish double top below key resistance and weakening bond yield spreads point to downside risk. A break below 95.70 may expose 94.80 and 93.95 supports. Only a move above 97.30 would revive bullish momentum.
31-07-2025 02:40 GMT
by Kelvin Wong