It seems Bank of Japan has no interest in strengthening Yen

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It seems Bank of Japan has no interest in strengthening YenJapanese Yen FuturesCME_DL:6J1!PrinciplesofmathprobLast April, there was a bullish move, but it failed to break above previous highs. It appears those who are short won't exit until it breaks the L7 to the downside, which remains the predominant direction in this scenario. Meanwhile, the price has already broken the bullish trendline, which is now acting as resistance.