USD/JPY(20251008)Today's AnalysisUS Dollar/Japanese YenFX:USDJPYGoldenBigAgeMarket News: The euro fell to its lowest point against the dollar in over a week on Monday after French Prime Minister Jean-Claude Le Cornu unexpectedly resigned, exacerbating the country's political crisis. MUFG analyst Lee Hardman wrote in a note that the euro could come under short-term pressure if France announces parliamentary elections before the end of the year following Le Cornu's resignation. Such an election would prolong the period of political uncertainty, thereby increasing "downside risks" for the euro. He noted, "This would reduce the likelihood of the euro reaching our year-end target, although we do not believe the parliamentary election alone will be sufficient to trigger a reversal of the euro's continued strength this year." Technical Analysis: Today's Buy/Sell Levels: 151.36 Support and Resistance Levels: 153.19 152.50 152.06 150.66 150.22 149.54 Trading Strategy: On a breakout above 152.06, consider a buy entry with the first target at 152.50. On a breakout below 151.36, consider a sell entry with the first target at 150.66