USD/JPY has broken Monday's early low in a fall to the worst levels since late March. Sliding US stocks and Treasury yields along with deepening worries about a US-China trade war are hitting the pair.
The total drop today is 54 pips and now but now broke 110.30 is a negative techincal development. Still, it's not overly damaging. There is some support at the March 28 low just ahead of 110.00 and a cluster of mid-March lows near 109.75.
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