Why USD/JPY Won’t Breach 105 Price Level?

USD/JPY is hovering between 100 and 102 level since April. Will it breach 105 level? Last time it tried, it went up as far as 104 level in the first week of April. After that it dropped and has been ranging between the 100 and 102 level. Watch the CNBC video below that explains why USD/JPY won’t breach 105 level.

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